Some common items to note: roof, electrical and plumbing, window updates.

They are one of the higher maintenance items and seem to only last a few years before being loud, wobbly or needing replacement. 

Look at the property when you buy it to see what the estimated shelf life will be for major items like roof, HVAC, floors, Kitchen, driveway, etc... 

Do you know what the typical items banks consider in giving someone a loan or line of credit for their business are?

If it's a triplex and each unit needs the same work... then you need to multiply times 3 plus any exterior or shared items. 

I have a list of 12 items. 

The only point I would maybe add is that in this type of environment only big box landlords and property owners can competeOn the first interview on the BP podcast with Grant Cardone, he specifically said he wants to invest in Blue states because of all the above mentioned items you listed....but that's Grant Cardone he can afford to take on the extra burden that comes with crushing regulation.

If the appraiser marks the report subject to you will have to fix the noted items before you can close the loan, and then the appraiser will have to go back out to certify the repairs have been completed. and yes, of course, will charge a trip fee to do this.

Any other gotcha'sI am looking to move from using QuickBooks and manually running ACH to a product such as this, with the added ability to track any maintenance items, etc.

Seller merely has to repair items prior to closing to meet their contractual onligations.