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I agree list on mls  "as-is ", cash only , allow maybe 1 week to submit best and final offers ( access to property would be need )If not metromls :  post on Biggerpockets marketplace without the address Simply provide county , zip code, description of property , pics ( if possible ) , and etcDisclosure : I'm a local realtor 

What are the codes and certifications needed to comply?

Or are you trying to say that because you told the tenant "take a look at it" that that was supposed to be code the tenant would understand to mean give you a call with an estimate before any work was done?

I'm currently performing due diligence on a multi unit 3BD's each unit in Dallas in the 75229 zip code.

We get a code if the accepted offer didn't make it to closing.

Confirm with your state's property code or a qualified real estate attorney how this is handled where you are.

I figure around $2500-3500 depending on the number of breakers, the issue is that once you pull the permits you need to bring everything up to code. 

I would start with -"Hey, Mr Smith, we are moving out tenants so we can upgrade these units, they are way behind the times and we want make sure they are the best they can be, plus we need to keep up with recent code changes per our insurance company, or our rates double, and the city has commented on the weeds and possible rodent issues.....we'll let you know when they are ready in a few months and give you first shot at a new lease" Yeah right..... 

There are only two other water front properties in this zip code and the rates are pretty nice, as well as the occupancy at least according to airdna.