My wife and I just recently had to file a claim for a flooded kitchen on our duplex and we ended up get everything fix and mitigated and we’re able to pocket money.

I know it is scary but it seems like you have mitigated the risk - on the bright side, rates should start to decline in the near future and you can always refinance.

To mitigate/appease, my dad built a storage shed and personally moved all of the tenant's items into the shed.

Just mitigate the security deposit risk by going to a non refundable move in fee and you'll be fine.  

For now, we have mitigated our issues by correcting a gutter leak.  

Account Closed Probably most homes face some kind of natural disaster, whether it be tornados, flooding, etc and as a person with investment property within 5 miles from the Hayward Fault Line, who is planning to keep this property for at least 10 years, it makes sense for me to put on a "business" hat and wanting to mitigate the risk of possibly going bankrupt.I think retrofitting is a great way to lower risk, if and only if, the cost of retrofitting was more affordable.

@Naya Oliveira I'm not sure about Jacksonville specifically, but I do think that if you are going to live in the home yourself, you are already mitigating a lot of risk. 

Hey folks! An older friend of mine would like to liquidate his four properties but he would like to avoid paying capital gains tax. I suggested that he and I form a LLC and slowly transfer his properties to our LLC. A...

A mitigation system is an easy thing to price out and plan for.

To be clear, turning off a water valve or electrical main to stop/prevent further damage in the event of a sudden and unexpected situation is not considered "repairs", it is called mitigating damages.