In 2020 people around the world are looking for a safe place to stay on a friendly budget and break the monotonous day to day routine.This data and the booking increase in some markets make the fall and winter season highly promising.

So really terrible ROI on a finished basement if you look at cashflow; the reason we still do it because we have extremely low turn over; tenants appreciate the extra living space especially in the winter and even more with Covid.  

Of course the property manager and contractors are in that region too...We like the Carolinas - specifically, Upstate South Carolina.On the East Coast - money and people are moving from high cost of living and cold-winter states (NY, MA, NJ, etc) to low cost of living, warmer states (NC, SC, FL). 

If the building has good air sealing and insulation, it won't require as large a unit to get through the winter.

Their policy on evictions is; no one can ever be evicted between October and March due to the winter months.

Biggest factors for the properties income comes down to how much it snows is in the winter.

Especially in Wisconsin it’s important to be air tight in winter.

The older crowd wants to get away from their cold northern states in the winter.

It’s not an easy house to rent because it’s got electric heat and very cold / expensive to heat in winter .

The revenue gained from steady, long-term renters, however, will likely reward that investment with sizable dividends shortly thereafter. 2. 20% For Vacation RentalsAlthough holiday planning is not top of mind for everyone right now due to the spread of Covid-19, it’s important to remember we’re in a situation that will not last forever.