This was how I mitigated my risk, though it isn't always recommended. 

But no, you aren't completely wrong.The whole thing is, in my opinion, risk mitigation.

She might have also been able to move someone in sooner and better mitigate the financial damages you all have left her with. 

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.

I am a big fan of risk mitigation and prepared for just about everything shy of a pandemic.

You want the peace of mind that you can mitigate issues that will come your way.

Here are some issues I've discovered from turnkeys and the steps I've taken to mitigate them.

Others might be fine with taking risk, but least by doing this a person can get an idea of what might go wrong.e) Legal document analysis: it will usually take a few days to go through the legal document properly, as almost inevitably there are tons of gotchas that either have to be explained, or mitigated with a side letter.That is the very short summary of what I do.

I understand your fear of buying older homes common to some of these areas but if you do your homework when looking at the properties and find a reputable home inspector you can help mitigate some of those issues.

Also, are there brokers one can pay to basically do everything for you and help mitigate any risks if your not an accredited investor?