(My offer was made prior to the major Corona Outbreak in the US)It's a triplex in Dunellen, NJ (B- Neighborhood) I would be house hacking and there's is a massive fully paved lot in rear of the home that has a heated garage with a gated entrance (Between 1-2 car garage) which tenants don't have access to and is not rented since the owner kept it for his son who is a mechanic.The house needs a good amount of repairs such as stucco siding repairs, lot re pavement, new furnaces, and cosmetic updates.

And make sure you do everything you can to mitigate your loss.

My goal is to obtain cashflow and to mitigate our living expenses by offsetting a large portion of the monthly mortgage payment by using the other unit's rents.

The other solutions seem great as a pipe freeze mitigation strategy.  

Morning BP Community, On a national level I have been part of many conversations with vacation & short term rental owners about what they are doing to mitigate potential short term loses based on the lock downs. 

You may need their help in the future to solve some of these issues that may arise despite your best efforts to mitigate problems before they occur. 

A transparent process should mitigate in favor of an all-in-one closing, unless there are inescapable logistical reasons to do two closings back-to-back.Nancy E.

As a student of finance, you understand the need for cashflow and how it helps to mitigate risk in your investment in real estate.

But my biggest worry was that Oregon isn't too landlord friendly so I just wanna make sure all bases are covered to mitigate any other headaches that may occur during the transition.

The methods, hardware and mitigations.