Due diligence and experience help mitigate this risk to an extent. 3.

to mitigate that mortgage payment, AND you learn how to manage a property while deciding who gets to live with you.I house hacked back when I was living in San Diego, but now I help other first time homebuyers and house hackers generate wealth and mitigate the liabilities of owning a house (interest, taxes, insurance, capital expenditures...).

Good lenders will not be ultra low, we need to mitigate risk which can benefit you from getting involved in a bad deal

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.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

Like all businesses, their job is to sell their product and mitigate as much of their risk as possible when doing so.

Describe what you have done to mitigate the problem in the past as well as what the plan is moving forward (you should have a pest control contractor provide ongoing service, and tenants will need to be very careful about cleanliness). 

If not call them out as a cool feature or do something to mitigate the issue before renters set foot in the house.

It's great that you have tried things but learning directly from a mentor will help mitigate your risk moving forward.

If she’s been there for 10 years, it’s gonna need a big overhaul anyways (paint, carpet, smell mitigation etc).

Upside: Area is growing rapidly, so my losses will be mitigated over time.