He basically got it for free and had been renting it out since then but did shoddy work on it and let it deteriorate.

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.

I think it would take a lot of deterioration in any aspect of this property before rent prices and rentability diminish.Would love to hear some different thoughts on this situation.Thank you!

It has holes in the roof and the brick is deteriorating badly.

I watched it deteriorate.

I am hoping that I am wrong, but I am very concerned that 70 million baby boomers who were born in 1946 will be forced to pull money out of their pension in 2016, which can further deteriorate an already weak the stock market.

It just seems to be a shame to see a solid house sit there with no plan in place to keep it from deteriorating and eventually getting vandalized.

She wants a basement door which doesn't lock for instance, and the tone of our interactions has deteriorated. 

If everyone buys and holds, the neighborhood will continue to deteriorate.

Someone in my neighborhood (Germantown section of Philly) is concerned about a vacant/deteriorated property with a large tax balance.