In my case, it's no more trouble for my PM to show up to a tenant's door for rent and say they owe additional late fee given they were put on notice the 2 weeks prior when tenant initially failed to pay rent due.

I'm shopping around now but seems a bank that MAY sell to secondary market will always fail to that requirement no matter what to protect themselves.

Code §92.052(d).Note, however, that a tenant will have to provide at least one written notice before the Landlord is liable for failing to repair.

This is significantly more difficult and expensive to do on ceilings than it is on walls, perversely, plaster ceilings tend to fail more often than plaster walls.As Sam also pointed out, very often in this business you will meet shady types who will assure you that plaster repair can be accomplished by filling holes in plaster and skim coating large cracked areas with joint compound or straight gypsum plaster, typically sold as "plaster of Paris."

In 2015 and 2014 the building failed for a plumbing complaint inspection and conservation complaint inspections.

Also are septic systems doomed to fail due to the age of the system.

The DIY contracts often omit legal requirements need by law, and failed to disclose key items making lawsuit later difficult. 

What a lot of investors fail to see is that simply paying the right people to do the job the right way in the first place has a lot of benefits and may not always have as high of a cost as you are perceiving. 

So Michael, your plan is very doable, it may take a bit longer than you think and it might materialize in a different shape then you imagine right now, but it's a great direction and it sounds like you are fueled by passion, which in my opinion is what makes the difference and answers Brandon Turners usual questions: what do you think seperates the successful investors from those who fail or give up? 

Just a "pass" or "fail", so you don't know where you need the help.