Quote:2.lets say oscillations start at very high frequency (because of noise )so it will try to reach dc or low frequency mean while does it latch to second operating frequency?
I find this very unlikely. If you ever reach the f=0 state, what could drive you out it? Remember that you have one transistor off with the other acting as a switch in every inverter. The noise would have to be so strong that it would have to jar the these devices out of their bias state. This could only be a large signal source such as capacitive coupling of other switching signals nearby, not any thermal noise.
The only way that I could visualize a stable oscillation (with only a single feedback loop) is to have two pulse trains moving through the inverter chain at the same time, only delayed by each other. If you kick-started the first train by a one-shot, for example, that one-shot would have to release the starting point before the first train came to the end of the chain. If this condition is met, then you would then have two pulse trains going, out-of-phase and delayed from each other. If the first train came to the end before you released the one-shot, the chain would be DC stable again, and no oscillations would result.
If what I described is accurate, than the design of the one-shot could be quite tricky. Why bother when an odd numbered chain starts so reliably with only one pulse train going through it (half the power)?