Life is too short and already too stressful to tolerate bad tenants for a rent check.

It depends on your end goals, liquidity , risk tolerance etc. 

If you can show a bank that you can perform, get them out of a bad loan that they can't keep, at the some tolerable loss and help their customer, keeping in a better community favor instead of being known for foreclosing on customers, you'll do fine, really, better than fine you can do great.If you can work out deals, taking a deed in lieu, for example, make simple repairs, get the property sold, some cash for keys or even some equity and take the bank out you'll be a hero.

Lately, I have had zero tolerance for such stuff.

Without extremely close tolerances here the main floor elevation, a regulated measurement of the permit, could be off.

Each portfolio lender will have their risk tolerance some I find have title seasoning some don't some only go to 70 some to 80 sometimes tell you 70% LTV max but if you had networth or liquidity then they'd bend over backwards for you too.Let me know if that helps 

I tolerate certain things that any other property owner might think im crazy for, but I also tolerate them because I have tenants who pay on time, every single month and never make a complaint.

On the other hand, they try to get you to split your whole investment into all of their funds (rather than making it easy to pick and choose only the ones that fit your risk tolerance and portfolio the best).

Title III's maximums will be raised to $5M soon to so expect for licensed Portals (legal term) to be breeding grounds for non-accredited investment dollars, but ironically they're likely to have less sophisticated sponsors for investors who in theory have less tolerance for risk. 

Airbnb is about the sharing economy and that’s why I joined, but I understand also that being an Airbnb host requires quite a bit of tolerance of others’ habits, even if for a day or two or more.