Cat urine creates an odor that is ridiculously difficult to mitigate.

I get the mitigation of risk big time though. 

I guess building in phases helps to mitigant some of that risk but at the same time while you have land being moved and foundations/roads being poured it seems to make sense to do quite a bit at the same time?!

However, you can mitigate this by using a trust or holding company to add a layer of privacy, where the LLC is not directly tied to your name.Attorney can help you better.

Investing in real estate always comes with challenges, but with thorough due diligence, you can mitigate risks and move forward confidently.Best of luck with your investment journey!

Concerns & Risk Mitigation:- What are the biggest risks you look for?

This thing has major reno needed including fire damage mitigation.

It can be mitigated with the proper agreement.

Thanks again.No, this is not my asset class - I prefer a higher quality product, in turn I can capture a higher quality resident/tenant - mitigate turnover and increase ROI :)

Whether you want to buy a 2-4 unit place where you live in 1 unit and rent out the rest or do something like a live in flip (where you fix up a house over the course of 2-3 years, move out and sell it to capture a tax free profit), it will mitigate your risk because it is where you live.