If instead of buy fix flip you buy fix rent then evaluate you open up a whole new avenue of tax mitigation, appreciation and income. 

I think today's real estate investors will play a larger role in mitigating market corrections.

The 20% withheld is just a flat withholding rate imposed by the IRS; the actually tax liability can deviate substantially from that.Depending how long ago the retirement accounts  were cashed out, there are mitigation strategies.

(Obviously didn’t go for that)As a result you could expect to do more research on both the property and sellers to mitigate some of the risk. 

I have a great water mitigation team I work with.

There is risk inherent in all investments, you can mitigate it in different ways, but it can never be eliminated.

its good you can absorb that others would be in a tizzy.. lets see how it all works out. its good you have a one stop shop though that should mitigate contractor issues that are abundant in those type of deals when your not local or a volume client . 

Our standards are pretty much the same as yours, but they also state:*Minor deficiencies in one of these three areas may be considered on a case by case basis if there are mitigating factors and all other areas are satisfactory.

was it a mitigation company or just him?

Obviously there is still a risk, I believe you can mitigate that by keeping a safe and well maintained unit.