Be transparent about risks and mitigation strategies.Negotiate Terms: Once you identify interested investors, negotiate terms that align with your goals and their expectations.

As you sort of infer - we look at mitigating risk by how much security deposit we require.  

Should you decide to proceed with such a transaction, it would be prudent to ensure that sufficient capital reserves are available to mitigate this risk.

I was wondering if there were risk mitigation strategies I could employ.

And we already have MD Loss Mitigation laws in place which protect most vulnerable, those who are 60+ days past due on the mortgage. 

Usually, these examples didn't understand or know what to look for when seeing these spaces to help mitigate the risks. 

What will you do for tax mitigation?   

As mentioned above one way to mitigate the tax bill when due would be to convert the acquired property to a personal residence and use as such for the next 2 of 5 years, and cancel out $500,000 of gains, if married.  

How do the golf cart rental shops mitigate the liability risk?

While simultaneously, the ability to qualify for a demand would be increasingly harder mitigating what real demand would be.