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Currently the vacancy rate for First Rate Property Management, Inc. is .58%, down nearly 1.0 percentage point from last year at this time. It is our policy to ensure that leases do not expire in winter because of the difficultly to rent when the weather is predictably inclement. Theoretically we would have 0.0% vacancy during that time frame. Due to tenants that: bail, are month-to-month, break the lease and properties that we take on that are already vacant, we have only once (so far), experienced that elusive zero vacancy.