We fail anyway...the most recent reason being that the fridge seal was partially deteriorated.

Tenant agrees to promptly inform Owner in writing of any deteriorated and/or peeling paint in the Premises.Tenant Initials: _____ / _____ / _____ / _____ / _____ / _____

You'll also want to ensure you have a good property manager to look after the upkeep of the property if you are not there to notice anything deteriorating or which may need attention.Creating an LLC in California would cost you a minimum tax of $800 every year.

You'll also want to ensure you have a good property manager to look after the upkeep of the property if you are not there to notice anything deteriorating or which may need attention.Creating an LLC in California would cost you a minimum tax of $800 every year.

Also, if you are pursuing REO properties, the condition of the property might give you leverage to get a great price but that same deteriorated condition means that a bank won't offer financing because the property is uninhabitable at the time of closing.

Quality of living will deteriorate quickly as buildings fall into disrepair.

Investing in something is better than just letting your cash deteriorate in a savings account.

Depending on how bad the interior has deteriorated the property may be worth no more than the land it's sitting on, which is okay but obviously a much different starting point.

You should ask the engineer to look for deterioration in the condition of the pipe, as well as evaluate water leaks using a moisture meter.Improper electrical wiring: Improper electrical wiring in a house often lead to insufficient power, lack of overload protection and quite often dangerous wiring connections.

There are plenty of places in the country with great cash flow but without being able to personally inspect the houses you are putting yourself at great risk of missing potential pitfalls such as hidden issues with the home and buying in deteriorating neighborhoods.