As for the cheaper markets, I would look to do mid term rentals in the Rust Belt near hospitals like the Cleveland clinic to maximize the income to help mitigate the downsides and unexpected expenses associated with those markets.

Did I do everything in my power to mitigate the risk of things going south?  

Greetings all, I've been investing in syndications for nearly 3 years now but have hit an obstacle and trying to mitigate/manage it. 

You can further mitigate risks with items like a home warranty, sewer line warranty, etc that will cover big ticket items.

Thanks, AC Adam, love the moves you and your wife are making..A couple of thoughts here on risk mitigation in REI. 1.

.💰 Risk Mitigation: Investing isn't without risks, but a good team helps mitigate them.

Is there any way to mitigate the HVAC expenses?

Parents as co-sign which mitigates that issue 99/100 I believe. - Available for FHA - 23 years old, live with my parents and I love it, as do they, so no rush to move out.- Hard/smart worker.

House hacking in Portland as your first investment could significantly mitigate your risks while familiarizing you with managing a property and tenants.

Is so - what are the chances to get permits to build and what would you estimate the cost to actually get the land ready to build (water delineation, mitigation etc..)?