Comment by userinanother
2 years ago
1% is insanely dysfunctionaly low. It doesn’t allow for units to stay vacant between tenants for repairs and cleaning. At 1% the unit is vacant for 3 days every year on average. That’s not enough time for basic things to be done and indicates an incredibly tight rental market
> It doesn’t allow for units to stay vacant between tenants for repairs and cleaning. Cleaning is done by the previous tenant, or usually by a company the hire. Repairs are done on an on-going basis.