I own all my toys, never seriously worry about money (I suspect everyone with any money always at least pays attention to it), spend my winters in Florida and rarely work in any sense (I do some consulting and side teaching) more than 10 hours a week.

Also control the thermostats so the tenants don't jack up the heat in the winter giving you a massive bill.

Same goes for many apartment buildings offering MoveIn Specials.So, if it's slow-time winter or a property won't rent for another reason, why waste time worrying about why it works or how to avoid it?

I have no particular area that I'd like to start with or focus on, but probably prefer somewhere in the south of the US due to my strong aversion of winter.

Could have held until this winter and gotten his occupancy up to around 80% and would have added another $500k to the value.Downpayment $310kAll in cost plus loan: $1.3mmSold for $2.4mm; with 250k seller financing for 5 years. 

Carpet throughout (as Minnesota gets frigid in the winter) What was the outcome?

RehabbingIt was heading into winter and we had three deals that were not moving, Nathan couldn’t find investors to buy them from us.

The only difference on paper is that the deductible for hail and winter storms is 5k instead of the 2,5k that I have with Farmers. 

Winter can still do well but we are not quite close enough for any ski mountains. 

The cold air often runs out in the summer and the heat doesn't turn on in the winter.