Unless you see some serious appreciation in that area within the next few quarters; If you are at a loss then you might want to walk away.

As a result, we tend to conduct periodic (at least annually and as frequent as quarterly) inspections of our properties and correct damages as they are found - we then bill the Tenant immediately rather than wait for the end of the lease.

I went to some of the events organized in my area (NEREIA in Chelmsford, Black Diamond in Waltham, and Justin Silverio's quarterly meeting).

If you are interested in flipping you should also check out @Justin Silverio 's quarterly meetup that is this Wed at a finished rehab project he just finished up in Stoneham.  

That adjustment is something like half to a quarter of the average $/sq.ft. 

Coming up tomorrow is @Justin Silverio 's quarterly meeting that will be at a finished rehab project he did in Stoneham (He just informed us there will be pizza so that should be enough motivation for a 21 year old:) ).  

I was like "If a quarter of what this guy is saying is true, I'm SO doing this!" 

I would particularly recommend the Black Diamond event in Waltham who is hosted by BP member @Ann Bellamy, the quarterly meeting organized by @Justin Silverio (he got one scheduled for tomorrow so i recommend you reach out to him) or the NEREIA in Chelmsford.

Here in Fresno, you can find a 3/2 on a quarter acre for $150,000 in a lot of areas of town that could be great for buy and hold, flips or any deal really.

Reports can be by day, weekly, monthly quarterly, yearly - comparing by % and $ .- budgets, forecasting and cash flow and the list goes on.