Others might be fine with taking risk, but least by doing this a person can get an idea of what might go wrong.e) Legal document analysis: it will usually take a few days to go through the legal document properly, as almost inevitably there are tons of gotchas that either have to be explained, or mitigated with a side letter.That is the very short summary of what I do.

When I asked the seller for receipts detailing the work done and requested permission to speak with the mitigation company directly, he refused.

However, a lot of concerns can be mitigated with looking at their past rental behavior in a lot of different settings.

Do you see higher vacancies in the winter, and how do you get proactive to help mitigate this? 

A solid property manager could have mitigated these losses most likely.

The only real difference is you'll need to purchase flood insurance on the property during the project and all good lenders will make you do this to insure your risk is mitigated.  

There will always be a level of fear of failure and you will most likely experience some, mitigating that with diligence will keep you in a healthy state of paranoia.

If you had a mold remediation company do all the work and mitigation, send the threatening party the reports and clearance.

Your advocacy in this matter is crucial for mitigating risks and protecting the equity rightfully belonging to us.

You just mitigate it as best you can, carry good STR insurance and roll the dice!