The one silver lining was that the appraisal came in 21k over what I had anticipated, which helped mitigate our losses.

Yes, I would make more money to wait to the end, instead of $25k I'd get $31k, but that doesn't mitigate the risk. 

Codes change, updates are required, impactors mitigated, it's a heck of a process. 

Property Inspection, Termite and 4 Pt/Wind Mitigation (walk every unit if possible)21. multi over $1 million will need a Phase 1/Environmental report.

These are questions only you can answer and may help inform your decision.You will take a markdown if you sell with a wet basement, versus a mitigated problem.

You will also get an idea as to how much they will pay you.Then advertise on GoSection8 for free.Some of the things I do to mitigate a lot of the nonsense.No smoking AT ALL.

If you want to avoid sprinklers, then other changes will be necessary to mitigate fire spread by means of fire rated partitions, separations, etc.

Again, as this can be mitigated instead of abated, we are waiving until we actually own the house.

In multifamily value-add investments, common risks include:Not being able to achieve target rentsMore tenants moving out than expectedRenovations running behind scheduleRenovation costs exceeding initial estimates (which can be a big deal when you’re renovating hundreds of units)When evaluating deals as potential investments, look for sponsors who have capital preservation of the forefront of the plan and who have a number of risk mitigation strategies in place.

I had tried several personal injuries and accidents attorneys in my area to see if they can give me a list of things we can do as landlords as a safety measure that can mitigate landlords liability in the event of a gas explosion in the rental unit.