No guarantee, but it greatly mitigates the risks just like any other tenant you are considering.

This explains the puddle in the middle of the floor, but not the water around the perimeter.We asked if we could leave a dehumidifier running - on their dime - so as to mitigate further mold growth until we close in a week.

If the seller is willing to negotiate the sales price to mitigate the costs of making it a legal rooming house, it just might be worth the hassle. 

You may have some deductions that could mitigate the taxes if you are buying income producing property.

I suppose that's an effective way to mitigate risk. 

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.

Can you really mitigate this in any way with your documents and wording? 

I personally like to have multiple units so your risk is mitigated a bit, and to be fair I am a multifamily guy not a commercial investor. 

I would love to continue to do this, but I want to mitigate my risk going forward due to uncertainty in the markets (F Trump).What I have in mind is gathering 1M in total cash (I can fund 25%) to do another project home/multi-unit and I could run everything from start to finish.

There are other factors that come into play also during a wind mitigation survey - age of roof, shape of the roof, how the roof was framed, nails used etc.3.