Even if the bank does approve me, im going to be stretched thin, paying my parents back in a timely manner.

The person who served the notice must complete the Declaration of Service form as follows:a) Indicate the date the notice was servedb) Indicate the type of notice servedc) Indicate the manner of serviced) Sign and date the declaratione) Indicate the place (city) the declaration is signed4.

If not, I would give the tenant a written lease violation warning for not reporting an issue in a timely manner.

That could be as little as not mowing the grass in a timely manner. 

You had a repair person out and then replaced the item in a timely manner. 

Consider this post a public service.Each Appraiser provides a similar service, but the manner in which they provide that service may vary.

He does a great job of entering in a non-threatening manner that's been proven over how every many hours of studies.  

What strategy is compelling to own this risk?

Yes sellers deserve a deposit and decision in a timely manner.

I did take responsibility as the way I went about it was problematic, and now that I have been through it, I will be going about investing with anyone in a more cautious manner.