You'd basically be unsecured, and the only true way mitigate risk on unsecured debt is diversification.

This can be a real money-maker, but you need to know what the risks are, how to mitigate them, how much to charge for rent, insurance requirements, and more.Honestly, the couple relocating sounds like the best option.Here's a tip: don't reject applications just because someone else started one.

In addition to grading, you need to consider soil types, impermeable conditions you are creating and the resulting stormwater runoff mitigation.

Options may include traditional mortgages, private lenders, partnerships, or even self-directed IRAs.Calculate all potential costs including property acquisition, renovations, property management fees, taxes, and maintenance.Property Selection and Due Diligence:Use your local team to scout properties that match your investment criteria.Conduct thorough due diligence including property inspections, financial analysis, and reviewing rent comparables (rental rates in the area).Make Offers and Negotiate:Submit offers based on your research and due diligence.Negotiate terms that are favorable to your investment goals, taking into account potential repairs or improvements needed.Close the Deal:Once your offer is accepted, work with your local team to complete all necessary paperwork and close the transaction.Ensure all legal aspects are handled properly, including title searches and property inspections.Manage Property Remotely:Hire a reputable property management company to handle day-to-day operations such as tenant screenings, rent collection, maintenance, and emergency repairs.Establish clear communication channels and expectations with your property manager.Monitor and Adjust:Regularly review your investment performance and financial metrics (cash flow, occupancy rates, expenses).Stay informed about market trends and adjust your strategy as needed to optimize returns or mitigate risks.Long-Term Strategy and Growth:Evaluate opportunities for portfolio expansion or diversification in the same or different markets.Continuously educate yourself on real estate investing best practices and market dynamics to make informed decisions.By following these steps diligently and leveraging local expertise, you can effectively navigate the complexities of out-of-state real estate investing and build a successful portfolio over time. 

Sometimes it's better to start in your own back yard to mitigate rookie mistakes.

Highlight the risks and your strategies for mitigating them.

Is there potential for AI and robotics to mitigate the impact of this trend by filling workforce gaps and maintaining or increasing productivity? 

But please don't tell me that you have systems in place to help mitigate this risk. 

I have tried to mitigate the problem for weeks now and have even addressed it with the HOA and Board of Directors because it’s a building problem that is invading my unit now.  

As you grow your portfolio, consider diversifying your investment locations and property types to mitigate risks.