Then, if you can trend over time you'll want to see where the "path of progress" is going/moving and attempt to buy in that path of progress to gain some appreciation in the future.

So, every non-government job your tenants have will vanish in the foreseeable future.

If rates become more favorable in the future, we'll have an opportunity to refinance.Why we bought itThe 55-unit I mentioned earlier is a perfect comp for us.

All you can do is work with what you know now and what is a reasonable expectation for the future.

Purchase price: $125,000 Cash invested: $65,000 Sale price: $250,000 Wish I could have held onto it but needed the money to fund future deals What made you interested in investing in this type of deal?

We're in it for the long haul, and our future selves will thank us.

If it is only one flip for now, I suggest you find a CPA just to advise you on State filing requirements, ensure you are claiming all write-offs and issuing 1099s, etc.

I have recently started writing down addresses of run down or abandoned properties that I would like to purchase, but I only have the owner's name.

Awesome stuff Matthew, looking forward to seeing you on here and maybe in the future we can work together. 

Without knowing all of your specifics, I'd say that it's only worth holding on to if you can reasonably expect to have some really good appreciation in the near future (like 5 yrs)....Or, in the case where it would run well as a vacation rental, you could switch the usage, maybe?