All damage from a Category 4 Hurricane has been mitigated - wow that was fast, almost biblical speed - you must have had Jesus, Moses and Noah (or the almighty) on speed dial for that one. 

I was thinking about asking the seller to put in a mitigation system but I feel like he may not feel obligated to do so.  

Any way to get around this or any recommendations on how to invest in properties with a partner, while mitigating risk?

(mitigated by insurance)4) Irregularly high vacancy rates5) Requirements for a capex infusion...new roofs etc.Thanks in advance!

If people say they can't make it at that time, I take down their info and contact them again if the showing doesn't end up getting it rented.Another option is installing a combo lockbox, then having the interested party call or text when they arrive and then call when they've locked it back up (obviously get as much of their information as possible to mitigate the risk).  

If you are thinking rehab and resell, then documenting every step, showing you waited for all the framing to get dry enough to re-drywall and perhaps getting pro mold treatment with a warrenty would help mitigate flood value loss.

Two tenants also helps you mitigate risk, should one leave you still have 50% of the building occupied which means your carry costs are only 50% of the NNN's and PITI.

Also, 2 hours is not a horrible drive, and I can visit the property every month or two which helps mitigate some of the risk.

I feel that the little interest I'm making now, will be mitigated when the cycle ends.

They have a duty to their shareholders and in many circumstances a duty to the previous owner to maximize recovery and mitigate loss.