Hi everyone - I was curious on what peoples thoughts are with flipping houses during the winter in cold weather states (ie: Minnesota, Wisconsin, Iowa, etc).

The house is Louisiana with typical weather of down south.

My strong suit is working with people and budgeting and forecasting and running my business.

Struggling here - the NOI is forecasted to whatever the syndication wants to proforma it at.

You might get your money but I'd prepare to not get anything and try and weather the 3 months. 

The bottom line for the greenlight should be, "What is the worst case scenario, and can I weather that?'"  

You aren't required to but in the case, they decide they aren't leaving stating a hardship due to the time of year, weather, etc, it would be cheaper and faster to provide assistance to get them out instead of going through a court process.

I'd pick Louisiana out of those two.... a) better weather, b) more favorable to landlords...

This is fantastic when investing in a state where hurricanes and severe weather wreak havoc on roofs.

Weather and Legal issues have combined to increase the number of claims and cost of the claims.