people do BRRRR rehabs in the winter months in the MN climate  Yes people do BRRRR in MN all year around.

However, a lot of it is from older posts.

Do you really want a paltry 3% dividend while losing many of the tax advantages you have with actually owning the property yourself? 

Is it worth the hassle down here?

Established borrowers are not paying interest of loans that have matured and WE the investors have our money stuck doing nothing.  

I’m doing this right now.

Congratulations in doing your first deal!

Of course we filed a response to their request but if we did not have an attorney it could have been approvedYou won’t be able to foreclose while they are in ch 11 so definitely get an attorney to protect your interests

I do potentially have access to private money if needed, and a 401(k).

They sign the contract, hoping to find a buyer willing to take it on.Instead, go in with a maximum offer in mind from the start.