Do you know exactly what they are, and have you clearly communicated them to people who want to apply for your apts? 

After being burned by tenants that get behind and never end up paying and lead to eviction I now state in my lease that we start the eviction process the day after the rent is due, but I make sure that is clear form the beginning and if they fail to pay then we charge a late fee and start the process of eviction based on my states requirements.The reality of the matter is that if they don't take the rent out of their paycheck then they most likely wont pay the rent, if they do then they are borrowing money which will put even more financial burden on them and make it less likely to pay on time the next month, or they are waiting until their next check to cover the rent and then will have a hard time catching up in order to pay on time snowballing into perpetual late payments.If you really think about it allowing a tenant to get behind on the rent ends up hurting the tenant, you are not helping in any way.

While she is a landlord herself, and so has a great perspective on the issues, she was very clear on how seriously MA takes this. 

To be clear here, the 5k is set aside for a house - its not emergency funds.

I could clear $125k in equity if I sold now, would hate for that equity to vanish come spring summer time.

If it isn’t clearly on your property, you shouldn’t have to pay for it bit I’d also weigh the risk of having it fall and doing major damage versus just chipping in a bit to get it handled before any damage is done.

If you are correct, then I am clearly missing something somewhere.

You can also find great deals on condos to start with.Several out of state investors I work with tend to use the crime map and steer clear of the yellow/orange/red zones, which can be tricky because almost all of Memphis is in the yellow.

It sometimes takes a couple of months for the fake to be discovered as it goes through the clearing stage, but eventually it IS.

If you stay clear of them you will be okay.