Watch your maintenance expences, do what is necessary, but schedule maintenance so that any larger expense does not hit you in one year as hard and bring the income down just prior to any laon maturity.If I had units where I paid utilities, I'd have a fixed thermostate for winter/summer settings, but I never got myself in that situation to begin with (make sure you can do that in your area).You can go back to your lender before a loan matures.

I spent 5 "winters" in WI, so hopefully you're staying warm!

I figure it's close to gold because it's winter months with a slow market and I could pretty much flip this as-is on the MLS at $89,900 for quick sale going into the spring months.Problem is I would need to do a flat fee MLS listing for $300 or so, and get private money around 12% just to make $8,000 to $10,000.

On top of all of this, you have to be prepared to see if it will be rented at all outside the summer months or even the holiday weekends.Good luck...

It just hit 20 degrees here in MD after an unusually warm start to the winter.

Friends over usually means late drinking, crack smoking/dealing and other undesirable events.We do plan for $100/tenant/month but with water bills as high as $225/month and heating bills as high as $425... on average we exceed the $100/tenant (in the winter).

So the ones looking during winter "need" to move.

Found on MLS - Proud of this one because I out-maneuvered the other investors & their agents, because I could see that this family wanted to stay in the home through the holidays.

I perused a wealth of introductory material over the 2012 holidays and started the new year by beginning to make offers.

Houses just like this one when rehabbed in this area are selling usually first week right now in the winter.