But again its about recommending to them to pack a sufficient food and drink supply if a storm is possible.We also to try have ice melt and snow shovels on hand, extra blankets and stuff like that.To mitigate some of this think about a full time back up generator to keep the power.  

Build a team of professionals, network with investors, and mitigate risk by screening tenants, having proper insurance, and having reserves.

Again, I think if you were to bring them on as property manager with no renter rights and require them to furnish the home and manage it and guarantee you your rent amount and allow them to keep everything else, you can at least mitigate your risks. 

And then mitigate. 

If some applicants fall below your requirements, then everyone would be considered "conditional," you can raise the security deposit to mitigate your risk of someone breaking up or defaulting. 

Investing in areas with solid job growth, diverse economies, and population influx can mitigate some risks associated with economic downturns.3.

What are the most common challenges investors face in these neighborhoods, and how can they be mitigated?

In practicality, your lease is saying that you have the legal right to charge the rent up until you find a new tenant because you have a legal obligation to mitigate your losses.

I would first advise the client to look into the foundation of the structure and then understand that the shared walls are not meant to be exposed.if the property passes the location test, then i would move to structural test, then to water mitigation test.It is likely tho that there will need to be some sort of reinforcing done on the structure regardless of its current condition.

They don’t have any tax implications to mitigate.