. :-) Yes, they can all be mitigated and dealt with, but it takes proper training.

Considering your equity and cash reserves, exploring alternative financing options like traditional mortgages or partnerships might provide a more balanced approach to acquiring your investment property while mitigating risk.

This can help to mitigate that 45 day list angst. 

Consider a lending partner thats invested in your success, offering coaching and consultation to mitigate risks and foster mutual growth, which ultimately makes the loan less risky for all parties involved.

The best way to mitigate that is to BRRRR and build some equity for a cushion for them. 

If you can mitigate your risk in the beginning, yet still get that experience, that would be great! 

When I invest, I mostly want to know about the failures and losses and what they did to mitigate them as any fool can make money in a Bull market but what you want is someone who loses less in a Bear or bad real estate market.

To answer your last question, I have a good sized portfolio so I keep about $100k in a bank to mitigate any risk.

I was thinking that I would want to build a team in a market before I buy anything, so I wanted to evaluate 2-3 property managers ahead of time, to find the best fit.I have not thought of the tire-kicker perception it might create, so I will have to consider ways to mitigate that.Thanks for the tip!

Bringing in a new GC creates a situation of its own.You need to be extremely careful about how you mitigate your exposure to fixing legal contractual obligations to the new contractor to ensure it’s scope of services and remedies should problems arise in completing the job.In closing, I urge you not to feel too bad or blame yourself for the situation.