The mitigating factor of the selling of this home, is that in a short time I will no longer be living in this area.

This eliminates any SBA loans as they'll require same peril mitigation through insurance and it's a waste.Our house took on way more water though, 5.5' : (.  

It seems the far away places tend to get smashed the hardest where dense areas have more flood mitigation investment?

I know every tenant has to have a first rental at some point, but good people 99% of the time have good family willing to help them out to get that start.My point was more-so that if the PM and landlord agree on qualifications (which should be driven by the experience of the PM and their market knowledge), then the landlord is in no position to blame the PM if the tenant goes sour - we can't control the tenant's life, only mitigate the risk/damages.

One of his rental homes flooded, and she threatened to sue him if he set foot on the property.I just assumed that standard landlord law gave him the right to enter a property to do emergency repairs or damage mitigation, but this lady is really freaking out and says she has a friend who is a lawyer who swears up and down he cannot enter the property without her permission.Any words of wisdom?

All of this can be mitigated by hiring the right property manager, buying for cash flow and maintaining the proper cash reserves for roofs, appliances, plumbing and heating.

Of course, almost all of that could be mitigated by getting a local investor friendly agent which sounds like the most logical choice to make this early in the game.

Tax implications can always be mitigated by a good tax professional.

Is that somehow mitigated?

With the due on sale clause, there are ways to mitigate the issues that might come up in the future, i.e.