:Unit count = 8-30 unitsLocation (Neighborhood Grade): B or C+ NeighborhoodYear built: Between 1960-2000 (Preferably 1980 or newer)ROI: 7% Cash on ROIRehab Scope Needed: A maximum of $9,000 Interior RehabOccupancy: 85% Occupancy (Minimum)Unit Mix: 1 Bedroom unit shouldn’t contribute to more than 50% of total unitsConclusively, sticking to your criteria mitigates the downsides!

If he's buying for the long-term (which he should be) then corrections should be inspected and will be mitigated over time. 

I have worked with my CPA to do as much as I can to mitigate capital gains taxes from the sale of one of our investment properties, because, after ton of 'spreadsheeting' various scenarios, even with a minor tax hit (ie not being able to/not wanting to use 1031 exchange from my house sale to roll into a TIC/DST/other 'like' asset) our capital will still outperform returns I would have had if just leaving it in this rental.

But, by buying first you can often mitigate the ticking time bomb of having to identify a replacement property within 45 days.

A condition of a lease that says that a landlord does not have duty to mitigate damages is void under this law."

Given market and financial conditions, risk analysis and aversion is or should be a significant factor in landing on the “Goldilocks” Project.Projects that can be phased in their disposition (sell or venture at permit stage (paper lots), or as finished lots, or as homes for sale or as a phased Build To Rent Community are examples of Project Planning that includes these risk mitigation options.

My wife and I dropped all our Sunday plans and went there to assess/mitigate the issue.

We try and mitigate with some small poison stations outside of the home in crawlspace and hidden areas.  

($120k)I know I might be able to get lender to extend further by paying fees, but not sure what other options I have to mitigate risk.

Guys - how do you mitigate flirty female tenants and avoid any allegations of sexual misconduct etc while going for repairs etc ( assuming you self manage).