Finding that diamond in the rough is increasingly difficult, and while I claim no expertise here, I cannot see such a sellers market, combined with the current political/economic climate continuing for more than another 24 months, and possibly much shorter with the coming elections, without an eventual leveling out at the very least.

If you dig hard enough you can find the occasional diamond in the rough.

BTW.......I often buy with cash, so if you find any diamonds in the rough, feel free to hit me up!

Heading closer to Boston you have the Boston Area REIA in Medford and the Black Diamond meeting in Waltham (Alternating months with their Worcester location, next one in Sep).

I'd recommend checking out the Black Diamond meeting in Waltham (alternates every other month with it's 2nd location in Worcester, net meeting in Waltham is Sep).  

The keys to a good finish is the right surface preparation ( diamond grinding with a finish at 120 grit to 150 ), the right stain ( typically water based that looks consistant with color and finish), and the right sealer.

Definitely check out the Black Diamond meeting in Waltham (2nd one in Worcester).  

BTW, @Matt: Sorry to blow the cover on diamond-in-the-rough Everett.

I'd recommend getting to the Black Diamond meeting in Waltham (2nd location in Worcester).  

That time has passed and at this point, basic cash-flow and returns are no longer reasonable for small scale investors.I will not deny the ability of others to find the occasional diamonds, but you cannot consistently invest in that area with success here.