IMO legislation like if passed this will create pockets of government and nonprofit landlord ownership, deterioration of school systems, city services, and bankrupt local economy.

What do you allow for deterioration in buildings here per 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.This article goes into a lot of the considerations about whether to form an LLC or not: https://www.mmpph.com/wp-content/uploads/2019/04/May-2019-newsletter.pdfCreating an LLC in California would cost you a minimum tax of $800 every year.

2. main bathroom: the toilet wasn't flushing and will most likely need to be replaced. the tiles on the floor and along the wall were also showing signs of coming off and will need to be replaced. 3. flat roofing material has aged and will most likely need to be replaced soon. 4. water heater is working but has met its life expectancy; will need to be replaced soon.5. water supply piping has started rusting in certain areas and will soon need to be replaced6. radiator in the main bathroom on 2nd floor not functioning7. oil/water boiler has met life expectancy and will need to be replaced soon8. chimney shows major deterioration/damage from exterior and needs further inspection9. wood framing in the rear of basement shows evidence of rot. the kitchen is directly above this area of the basement. extent of damage could not be determined due to insulations and will need further inspection10. pavement in the back of the property have cracks that are leading rain water towards the house. we were hoping to renovate this so that the water is diverted away from the house.

I’m looking for rental properties I would like to hold for long term.Cashflow over appreciationLooking for home with 3 bedrooms & 1+ bathrooms 1100 - 1400 sqft In a C or better neighborhood Under 70k Deteriorated property preferred

-Every single cabinet (bathroom, kitchen) is banged/scraped around the edges and the insides are discolored or deteriorating because they obviously put wet things in them.

The one that I used to attend has deteriorated into a social club and I have stopped going for some time.  

don't be afraid to spend time on a ladder poking everything that has increased moisture deterioration risk.

Has the area deteriorated tremendously?

Dell's other problem is that their customer service and quality deteriorated simultaneously.