But this year, amid the COVID-19 pandemic, that relationship deteriorated.

They get in a deteriorating property, deteriorating quality of tenant cycle and never recover.

Question: I'm mid negotiation at the moment and trying to determine if this property should be an absolute Pass or if this is something that can be 'fixed' or re-supported by a good foundation company to remove any future concerns of further deterioration. 

It's owned by a local bank and I'm not sure they know they own it.By found I mean I've watched this vacant house in my neighborhood (on a corner lot on Main St.) deteriorate over the last several years.  

The mobile homes themselves from that age really start to deteriorate. 

It's one thing if the deterioration of the park was due to your dad ignoring it, but it's a whole different story if the market simply won't support it.  

Also slum lords are generally very resistant to let the property to sell at a low value based upon its deteriorated condition. 

Most issues with Formica stems from the counters and sink basins not being installed properly and sealed, which in turn allows water to find its way into the press-board causing swelling, delamination, and deterioration.

Maybe the current owner doesnt fix anything and the house has slowly deteriorated.

Use it to avoid looming capital expenses or deteriorating neighborhoods.