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.

Homes all sell but instead of 10-18 offers sellers receive a handful only due to fear of the global economy deterioration.

I heard the new owners then spent millions fixing up the place, which had deteriorated pretty badly over the years.My takeaway conclusion is letting a property go through a downward spiral only encourages that downward spiral to continue.

@Jo Weiss the biggest difference in the inspection is when there are children younger than the age of six is they look at chipping and deteriorated paint.

Hi all,Have roughly 100' of 4" cast iron sewer line running under a building that has deteriorated to the point of needing either replacement or repair.

Most distressed Pitman properties I've walked have had deterioration of the walls of foundation or of the load baring structures.

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.

You only want to make repairs necessary to prevent further deterioration and that is likely feasible.

What scares me is how much the town has deteriorated (police aren't permitted to do their jobs) so personally I'd pick an adjoining town like Owings Mills, Cockeysville or even Annapolis.So, Decide which kind of investor you want to be (SFR, Commercial, Land, Tax Liens, Passive, HML, Multi-Family, Notes, Fix & Flip, Buy & Hold, "Subject To", apartments, duplexes, assisted living, REOs, Foreclosures, Short Sales), etc.

Not being close by to monitor on a regular bases can result in very quick deterioration of a property under the supervision of a PM.