Doesn't pertain to any of my rentals, but I once got scammed by a fake ticket seller.  

It is priced at $89,500 with a advertised rental income of $12000 a year. 1.What the big ticket items in houses as old as these that I should look if for? 

The issues come later:When a deal goes south, when an investor has their attorney get involved or when other things might happen where third parties get involved (estate matters, legal matters) that's when the origination of their loans surface and that's where folks get nailed.What you may have meant by "soft" might be where eyes are turned away from some matter by a regulator, like a cop not giving a speeding ticket, at one time, there were various issues where I'd let something "slide" as there are considerations to enforcement, won't go into all that, but it doesn't mean it can't be serious.Those matters that later go before a judge where a violation is not brought against someone doesn't mean that judge isn't aware and takes that into consideration.

All tickets are called in or e mailed.He was supposed to file 1099 for me but he doesn't do it.

Yes,  I know I can buy notes elsewhere, but IF I have to foreclose, it seems to me that if the property is no more than a 3 hour car trip vs. a $600 plane ticket plus hotel, plus, plus that I have the home front advantage here.

If you're a long term buy and hold investor, just know that over 30 years you will be replacing 30 roofs, and 30 of a lot of other big ticket items. 

If I had gotten a ticket in TX for driving w/o a license, I would just have to show a valid license in court and it would be dismissed with minor court fees (20 bucks or so) 2 also doesn't make sense to me.

Any place for discount tickets?

Invest in a plane ticket, and spend a few days in Cinti.

So I got a free annual copy of my TransUnion credit report and found an unpaid parking ticket that went to collections.