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.

@Marcus JohnsonAs I said, I understand what the issues can be as I own a fair number of rentals and want to mitigate my risk as well. 

(Once answered)Explain how you considered and are planning to mitigate that 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.

Mitigators tore everything out.

Try breaking down what it is that is causing you to experience 'fear' in taking action.Try setting yourself smaller commitments that will get you towards your goal and list out what the risks are and how you might mitigate them.An example of a commitment would be to make x offers per week on target propertiesBreaking down a risk might be something like-Risk - target rents not achieved-Action/Mitigation - analyze comps to give you more confidence in the rental rates, model the deal more conservatively so that you can see if it works with lower ratesetc.Do a bit of research and I am sure that you can find lots of actionable help on how to overcome fear of taking action.

Any time you obtain a property without title insurance you are retaining that risk.Title searches mitigate a lot, but not all of that risk so we get them any time we are purchasing properties without title insurance and have them done by our title company instead of a separate service provider.

However, I have been well versed enough to battle back with some sort of internal rule I had created in my goals to help mitigate or manage all those issues.

Are there ways I can mitigate the risks you mentioned?

My suggestion is to add at least 25% to the cost of the foundation repair as mitigation to the problems that will come from the foundation repair.11.