As mentioned in the monthly review, one of our properties became vacant at the end of February. I have already found a new tenant who will move in mid month meaning that I have only a two week vacancy (which is about the best that can be reasonably expected). It also means that we have only two weeks to complete the tidy up work - repaint, new fridge, replace one airconditioning unit, fix some wiring, new blinds, polish floor, replace one door and a few other things. It's quite a long list and will chew up a couple of months rent but the previous tenant had been in for six years so, to a large extent, this is catch up.
The new rent is about 9% higher than what the previous tenant was paying.