Plastics and rubber products do deteriorate over time.

The mtg servicer decided to be proactive and hired a property preservation company to enter the property, change the locks and that measures to "protect" the property from deterioration. 

The housing may remain affordable, but it will result in worse living conditions and deteriorating neighborhoods.

Government has already allowed our manufacturing base to deteriorate or move to China and in the coming recession the service industries could be decimated.I expect the Democrats to want to have good economic times for the coming election.

I will be notifying the property manager soon (according to our contract guidelines) that he will no longer be managing my properties-- he does not do any property inspections and does not manage the move out process well resulting in deterioration of my properties' condition and extra expenses and headaches for me .

To determine if the expense should be classified as a capital improvement or a deductible repair, the context of the expense is very important.An example is, if an item of expenditure is part of a general plan of modernization, renovation or rehabilitation to equipment or other business property, it typically must be capitalized even though on its own it would be currently deductible.According to IRS Code, expenses that you must capitalize are those that:Materially increase valueSubstantially prolong useful life (including replacement of deteriorating assets)Adapt the property to a new or different useHowever, you are allowed to deduct expenses and fees for routine maintenance and repairs that help keep the property in efficient operating condition.

Crime was way more than it was shown in city database as most of the things were never reported.Actual rent collection was only $4200 by 18 tenantsPark had very bad repo in area (Which was known to us)What we did after buying:Worked on road (new milling road), removed extra trees, cleaned 40-50 dumpster of trash.Worked with city development agencies to remove bad tenants via evictions or stationed police officers on weekend to deteriorate drug traffic, incentivized good tenants to provide us video /call cops with videos so that cops visits are frequent.Removed bad homes and brought in 7-8 newer homes from other parks.Repaired around 19 houses in last 18 months and brought up average rent $680 per home.

It requires sealing to keep it from deteriorating.

I will check this week to see if it is a subflooring or the joints underneath that have deteriorated. 

I was living in Texas and after two other managers who just continued to let the place deteriorate I was down to 4 out of 14 tenants left, and homeless, squatters, gang members, and people conducting illicit activity overran the place vandalizing units and leading to regular police visits including for a homicide. 2nd half of 2021 is focused on rebuilding.