I always recommend people get a PCAD (Post Complience Assessment Determination) when they turn over a tenant or at reasonable intervals if they have a long term tenant.

After that, hire someone for $10/hr to go down there at some regular interval (once a week, month) and update your list.

At certain intervals throughout the renovation we submit a draw request.

Albeit it is not as much of value to me as a buyer living within 20min (judicious time interval), it is a huge advantage as an investor.

It was up to me to make sure my scope was better developed and in the future, I will make sure written budget updates are provided at regular intervals to make sure there are no surprises.

Bryan,At the risk of participating in a topic more sophisticated than my current station; it seems to me that if you have the money to invest at any given moment and enough to do it in regular and small time intervals, you should find something to invest in, even if it's not an awesome deal, as long as it's a good deal.

Forrest,A flip is an intent to buy and sell property at a short term interval to take advantage of discounts, advantaged buying terms or improvements.Yes, you did.  

Either way they are responsible for this damage.You may want to increase your inspection interval for this property to monitor for any additional damage.Maybe they will start being more careful once you send them the bill and apply it to what they owe.

This initial reservation fee is kept safely in the escrow account, and cannot be used or lost to the buyer.The initial or first “phase†of the resort is typically sold at a deep discount, and to encourage further price increases a developer may plan increases atscheduled intervals throughout the second and subsequent phases.This encourages investors to buy condos early because prices are increasing,and it works well.

Perhaps the contribution is every payday and pay is based on a two-week interval, hence 26 pay periods.  401ks are taken out of paychecks as pretax deductions, so no taxes are involved until distributions are taken (presumably in retirement after 59-1/2).