@Kenneth Stump You may want to look into the property code to see what the state defines as "habitable."

One word of caution though, if you going to put it on a tenant to do.... you better have clearly defined standards/expectations.

One that is a sort of automated, monthly mail out defined by a mapped area of homes.

It amazes me when people define REI investing as risky, then invest in the Stock Market...I assume because they think it isn't?

The purpose of a lease is to define the rules of occupancy not to provide a flexible outline.

if they find a tenant that passes your screening that will begin renting in a defined amount of time after they or another tenant moves. 

Think in order to really dig in everyone should be defining "turn key" and "deferred maintenance" the same way. 

Be prepared with intelligent questions and clearly defined parameters.

You have to properly notice them (In AZ it is called a Cure Notice), which gives them 3 days to correct, or be in violation (Which you can define terms of consequence in the Cure Notice). 

Are there really so many different ways to define turnkey?