There is a risk but can be mitigated by covering it in the agreement between partners.

I would have though their risk in lending such a low amount would be mitigated. 

What steps would you take to mitigate the extent of damages and resolve the issue efficiently? 

@Matt Covert @Ryan Murdock  I noticed that this document also says that landlords have to mitigate radon. 

Hello BP Family, so im in the middle of closing in a multi-unit in salt lake city Utah and I just got the meth test results back "Salt Lake County currently uses 1.0 ug/100 cm2 or higher as the decontamination standard for any mitigation action for a property.

Purchased for personal use but due mitigating circumstances I’m thinking on selling.. been in it for about 3 months and purchased with a conventional loan

@Adam Ulm check out Break into CRE with @Justin Kivel. 

But this is part of taking risks.Actually, you can mitigate these risks since you're the participating partner and I assume you're finding the deals, managing everything, so it's up to you to make the investment profitable.I do have such arrangements and working on getting more.

I mitigate this risk as much as I can by work and study, but I do not take risks I cannot cover.

State guidelines apply to how timely you need to mail that out.You are required to mitigate damages, meaning you need to advertise the condo for rent as soon as it is ready, if you find someone to lease it for any portion of the remainder of his lease period then you send a adjusted security deposit statement out with a reduced amount due.You can't collect rent from 2 people for the same period of time.