The way to minimize that risk is to make repairs as quickly as possible (but only for properties containing a residential structure) to make redemption too expensive.

Minimize future tax liability: If there are no changes to the legislature around Opportunity Zones, investors may have a large tax bill due in 2027 for their deferred capital gains.

Screen tenants - Implement thorough tenant screening processes to minimize risk of vacancy and potential rental income loss.4.

If it's out in the boondocks somewhere, there's probably a decent amount of TV watching going on once it gets dark.

If you can make good money as a STR and at least cover your expenses as a LTR, then it can be a fruitful investment while minimizing your risk. 

  ( it aint as easy as it looks) I have seen Mr Wises videos and pictures , I would like to see how many landlords would roll up their sleeves and clean up those houses , go knock on the door and hand a 3 day pay or quit , or even walk thru the neighbor hood in the dark ( maybe even the day ) .

I have 20k saved and plan to use an FHA 203K loan and house hack to net zero/cash flow minimally on my first investment.

Other costs include $1,100 for taxes and insurance, $580 in HOA fees, and $200 for lawn care, totaling $1,880 per month.These rental properties are situated in desirable locations, and I have enjoyed consistent long-term tenancy with minimal turnover.

How do I get my money back with minimal tax liability?

I have 20k saved and plan to use an FHA 203K loan and house hack to net zero/cash flow minimally on my first investment.