This will mitigate the risk of rising rates while still providing you liquidity on amounts repaid and  you save on the closing costs. 

No clue what I'm going to find and am just looking to the wisdom of BP to figure out what could happen and how I could mitigate it and get in front of it BEFORE it rears its ugly head.

I think this current case is settled (tenant has paid late, has multiple disallowed pets, other tenants have complained about the noise, and the disallowed pets are defecating/urinating all over the property) but I'm curious to see if you have any preemptive information/clauses you give to tenants to help mitigate the major items?

I fully intend to have myself and my eventual team manage rehabs completely, but for now I will be mitigating risk and maximizing my learning. 

So if it's true that the foreclosure wipes out outstanding judgments, is it safe to assume that buying at the auction or once its listed by a foreclosure broker is a safer route and one that should mitigate the risk of the outstanding judgments?

Would it help mitigate some risks?  

If you have a lease or it looks like you're trying to lease the property they will include it in the underwriting package to mitigate the risk of the loan and approve it.Once I took these steps the underwriter signed off.

For those of you who do leverage, how do you best mitigate the risks of losing your backside in an economic downturn?

For those of you who do leverage, how do you best mitigate the risks of losing your backside in an economic downturn?

He started by doing rehab flips https://itunes.apple.com/us/podcast/smart-growth-d...as far as carrying costs and closing costs that may be mitigated by doing an options contract but you need to make sure you have enough time to get all the way through the level of permitting you want or a way to extend the contract.