We have a promissory note and I want to put him in first position to mitigate any risk for him.

We have a promissory note and I want to put him in first position to mitigate any risk for him.

It’s very important to find a trustworthy turnkey company to work with who is going to rehab correctly and mitigate your capex.

This will attract great tenants, command premium rents, lower your turnover costs (the biggest cash-flow killer), be much easier to manage, appreciate well and greatly mitigate your risk.

Being able to use traditional financing from day one could definitely mitigate at least some of this risk. 

You can mitigate the costs by installing certain things on your rental properties.

Mitigates your liabilities and secures your home. 

The neighborhood found out that the city knew about the issue and didn't mitigate the risk.  

To turn $300k into a 16% or better ConC return right away you'll:Buy in a pure cashflow (no appreciation) area that returns extremely high cashflow, with corresponding issues to mitigate the returns. 

It's not necessarily the end of the world, and more often then not the situation isn't as urgent as you may think, but regardless, having a realtor that is empathetic towards the fragility of the situation and responds quickly to mitigate your stress is extremely valuable and important.