If so, you may be able to sell off the wood to someone wanting seasoned lumber. 

If I split the house I'll have 3 units plus 2 garage/storage bays (they are smaller bays so are better suited for turning them into storage units). 

I've been told big bear is less seasonal because it has the lake in the summer and ski resorts in the winter, where as lake arrowhead is 20 minutes away from the closest ski resort.

@Beau Blinder You have been helpful and it's always comforting to speak with other landlords and get ideas of how more seasoned owners deal with difficult tenants. 

it would be a good idea  to "balance" and to add storage space.  

I just got my tickets in the mail for this season. go aggies

Some initial rambling:  I have a detached garage on my duplex rental property that I've not yet rented out -- so far I've been using it for rehab staging/storage.

If you don't have any relationships built they may ask for more like 6 months to "season" the investment before a refi - but your cash flow is going to make a ton compared to the interest rate your margin account will charge you.

There is an article Brandon just wrote about seasoned experienced investors going broke.

Also know that the tenant can respond by moving out.Personally I only do yearly leases as where operate there is a definite "moving" season.