We have several opportunities and would love to meet up. Keep

A QCD is a light-weight way to change ownership without doing a full title investigation.  

They are worth their weight in gold.

This is crazy ...Does any landlord have a clause in their rental agreement stating that "tenant must upkeep the property to a condition and standard satisfy by the board of health State Sanity Code"?

Usually properties that bring in a lower rent also have less overhead when it comes to upkeep i.e. no HOA's, the property is smaller in general so repair costs are less, and so on. you really need to look at the overall investment and factor everything in because in my opinion rental price is just one aspect.

Up keep is minimal in my view but depends on ones situation and time.

Bigger houses will have a streaming bluray and HDTV, outdoor entertainment like a fire ring or horse shoe pit, indoor entertainment like a poker table electronic darts free weights kegorator.

Here is a part of the letter, I sent to the seller:The home inspection was completed on September 29th (please see attached) and the following issues were pointed out: 1.The wooden floor frame in the middle unit is deteriorating due to either prior water leak in the bathroom or due to moisture infiltration through the walls and foundation.2.There is evidence of significant settlement under the middle unit bathroom and north closet.3.The settlement of the floor and walls has also resulted in settlement of the roof frame above this area, ceiling shows cracks.4.There is an obvious depression on the roof – water is ponding on the roof above the middle unit, which adds excessive weight on the roof and potential for leaks.5.Asbestos containing material has been found.6.The current bedroom heat installations in the north and south units pose a safety hazard from carbon monoxide, fire and oxygen depletion.7.An electrician performing upgrades did not use ‘arc fault breakers’ in the north and south unit breaker panels, which is required by the national electrical code.8.Upgrades to the electrical system, promised by a real estate agent, have not been completed yet.

The upside if I end up keeping this property is it should be maintenance free for years with new roof, furnace, hot water tank, electrical completely re run, and plumbing.

I am an electrician by trade and own a 1916 home myself so the commonly frightening buzzwords such as "knob and tube", "plaster walls", and "asbestos tiles" don't carry quite the same weight with me but it will be nice to have someone who is as objective as possible.If you feel comfortable answering, could you share what you budget for repairs on these older properties?