In either case, they can't be applied to all cases.My takeaways:1 - Your takeaways should have been understood long before you "jumped in".2 - You probably missed many more important takeaways than the obvious ones you mentioned.This post wasn't meant to criticize you, as much as it was to warn you NOT to continue "just jumping in". 

I read an article warning about possible illegal wiring, plumbing, bad sewer, rotting floor and danger of mold.

If it’s not a payment issue, I will give them a warning with a deadline to fix in writing first, then if they don’t fix the problem by my deadline, I start the formal notices and follow through.

You have given this tenant ample warnings and they are clearly screwing with you.

Watch your commercial a$$es.To add to Jay's  Heloc warning, I see residential folks using blanket portfolio and commercial products with cross-collateralization clauses and all kinds of small print. 

This is primarily due to the fact that I only use M2M leases, I have a excellent relationship with tenants and they will give me warning well in advance of their planed move.

Welcome to BP this is the best place to learn and connect with fellow investors, from listening to the podcast Detroit is one of the places that they warn you about, but since you already invested i how it works out for you.  

If you want to sell it I wouldn’t even give her any notice or warning .

The oil he's going to be receiving is likely in the form of a stern letter from some city department letting him know that the stairs need to be repaired and it is his responsibility to make the repairs and if he fails the city will do it for him at a cost of 4X what he could do it for. 

and people mis mortgage payments this does not mean they are goign to lose the house in a full blown foreclosure.the notice's to warn the borrowers became federal law about 2011..