That will mean less interest in buying third or fourth homes in Dubai, said Gabriel Stein, a director at London’s Lombard Street Research, which provides economic analysis. “There are bound to be white-elephant developments,†he said. “If it was built on the premise of ‘build it and they will come’ then that will now turn out to be a mistake.†Bargain Villas Banks are tightening lending or freezing it altogether.

I was doing rehabs, spec vacation homes, lease options and I originated construction to permanent loans to owners builders for a year right before market in CA crashed.I end up with a few finished rehabs when everything freezed in CA market and I lost a lot.Because of that I started to study short sales and pre foreclosure business.

I also pointed out that one nail/staple every 3-4 feet was sufficient, not every one foot.Another thing I would do was give them a second letter reminding them that THEY were responsible for SECURING THE WATER SYSTEM AGAINST FREEZING, during cold weather.

I live in Milwaukee; it seems to be OVER-saturated with investors; yet when it comes to asking advice, they freeze up!

The one thing that sucks about NY is property taxes are sometimes really high in certain areas, also the weather you have to plan for the freezing cold weather.

The pipes kept freezing and there was a mold issue (the bathroom was like this when I bought it - not sure how my inspector missed it and it turns out the floor was rotting as well.My handyman couldn't get another tub surround in there and so he installed these wall panels/planks that were waterproof.

I had replaced the oil boiler in a 4U with gas immediately after purchase, and when I got a call in February that it was freezing I instantly ran up there at 10 on a friday night, fearing a failure. 

They used an undisclosed third party that filed for bankruptcy, resulting in the freezing of rent payments that were in-process.I lost over $700 in that debacle.  

I have been told to stay away from cold weather locations because pipes freezing during the winter, which can get quite expensive.

Tenant left the hose connected to the spigot over the winter (live in Midwest where freezing temps occur during Winter).