Here you can get first crack at some deals.Locate and network with the 3 most active REO brokers you want a relationship to know what is coming on the market.Locate and network with the guys boarding up and winterizing properties they get a list on Monday of properties to clear out and set the lockbox codes they know the condition of the properties.Good LuckPaul

And be sure to check for freeze damage, even if the place was winterized, there still can be freeze damage to plumbing, boilers, hot water heaters, etc.Also check with code enforcement and see what they have on the condemnation.

Session II is now open. ( All experience levels)Dec 11th from 3:00pm-4:30pmI am limited to 15 attendeesPlease send in a brief bio to receive an invitation.There is an FIBI All Chapter Holiday Networking Event at 6:30PM as well if you would like to stick around & meet 120+ other investors.

For us, realistically we know we could be heating it all winter if we don't find a tenant so we have to keep some oil in it.

I am not a lawyer and do not play one on TV either but I worried about the same thing with my rental in the winter with snow.

This however is market dependent but I know generally speaking less people move in the winter you need to budget in a vacancy factor when looking at properties and be conservative.

It depends on time of year (not as many moving in winter), location, and your marketing of the property!

There are 35+ windows which most of them are over 71" high, so it's no small task to add this extra protection from the winter.BTW I live in Wisconsin where it can get below zero during the winter.

I will say, I'm not really interested in a 3 month lease as that will put us right in January and not really interested in trying to find tenents in the winter snow.

Especially with the holidays coming things could be delayed more.If you have 500k to invest maybe you start small just too see how things work and hold onto your cash.