Your losses are passive and will accrue until that property is sold or shows a profit.  

Oh well - just a curiosity to me anyway.

First thing you need to know is how much Tonight al is owed to the bank......not just principle, but accrued interest, taxes or insurance paid for by the bank, atty fees, foreclosure costs, etc., etc.  

Deal held over for almost five full days - charge was $1,000.00/day, $1,000.00 accrued at 5:00 PM daily).

Personally I can't resist opening them- curiosity gets me every time.

Another advantage of the credit card route is the interest starts accruing when the money is actually spent. 

I would be polite enough to ask what the deal is with the foil in the windows (out of curiosity, lol) but also let the tenants know it is not allowed.

.  :-) Also, just out of curiosity, have you thought about investing in other cities?  

Also, do you just figure out the estimated cost and then accrue it over the estimated useful life of the item? 

Out of curiosity, how has your RE experience been in the Ventura county area?