Recent grads are also having a harder and harder time finding employement, many of whom are piecing together part time, seasonal, and temporary work.

But the mountain towns struggle any time except the height of ski season.

I've read a few articles and responses on here from seasoned investors on this topic and the general consensus seems to be that there is nothing wrong with buying property in a war zone.

I will do the work myself in the off-season (Mid-April to May).Toby

:lol: "kind of ironic to slice and dice the other guys deals that he didn't bring up until Mike went on his web site"Haven't even started on yours yet.

But during the off-season, i.e. winter months, it can take as long as 8 or more months.You will need to factor that into your holding costs and if there is a depreciating trend for that area.

In order to be prepared for tax season, you need to organize files per property, that's the easiest way.

This question is for the seasoned flippers out there...is there any place in the the rehab world for restoring old homes and bringing the charm back in addition to adding modern updates?

As a more seasoned investor maybe you can give me some feedback on how to further analyze this idea to see if it would be a wise strategy to pursue? 

Initially, we thought an LLC was the way to go but a meeting with a seasoned RE agent and investor yesterday pointed us in the S-corp direction.