In addition to accumulating deferred capital expenditures you also have the issue of depreciation recapture so that you could end up with a taxable gain on sale of a thoroughly deteriorated property. 

Debt is a great hedge against the deterioration of the dollar. 

I generally looked for the following:- Deteriorated or missing siding (It's the first thing seen so, it makes it easiest to quickly evaluate

We try to ensure the salt is applied enough to keep down dangerous/slippery ice and to keep the snow melted, but we don't want to go overkill having a "zero tolerance" ice policy like hospitals have, we just want to keep snow and ice down to an acceptable and safe level, without going over-budget.For some of our buildings where salt seems to be really deteriorating surfaces (mainly building sidewalks and masonry stairs) we thought about using a different product (either calcium chloride or magnesium chloride) however while they are less damaging than pure salt, they are also more expensive (something we are trying to avoid).What do you other landlords do that have midsize (10+ unit) buildings? 

During this time, I will be doing a basic inspection of every room and noting anything out of the ordinary or what looks like damage/deterioration. 

I’m not seeing any signs of erosion or deterioration.

Property deteriorated?)

We Have a couple older homes with deteriorating trunk lines and currently window units.  

Purchase price: $60,000 Cash invested: $40,000 Sale price: $145,000 This home was owned by a woman who had started to deteriorate health-wise.

Vacant houses deteriorate much faster and if the neighborhood is higher crime you may find the furnace and water heater missing.Call the agent that did the BPO and ask them about the property, the neighborhood etc.