Any judge is going to nullify that term, because it flies in the face of basic contract law, you have to mitigate damages for the party who violated the lease.

This is about risk mitigation.

I find that part of what's holding me back from looking into markets further out is the fear of not being able to get to it quickly if the need arises (definitely something I need to learn how to mitigate).      

In contrast, other lenders I know are creative and are true asset based lenders that are willing to look at the true value of a property for the purpose of lending.At the end of the day, credit can be a 'smoke screen' and won't really mitigate your risk too much in todays market.

There are always risks with working with landlords and tenants, but you can mitigate them significantly by maintaining strong, win-win relationships.Good luck!

Investing in dividend stocks offers several advantages, including:Passive Income: Dividend stocks generate a consistent stream of passive income, providing regular payouts to shareholders.Diversification: Dividend stocks can be easily diversified across different industries and sectors, mitigating overall portfolio risk.Tax Advantages: Dividend payments are often eligible for favorable tax treatment, enhancing overall returns.Potential for Capital Appreciation: Dividend stocks may also experience capital appreciation, leading to additional gains over time.However, dividend stocks also carry certain drawbacks:Fluctuating Dividends: Dividend payments can vary or even be suspended depending on company performance.Market Volatility: Dividend stocks are subject to market fluctuations, meaning their value can rise or fall significantly.Limited Control: Shareholders have limited control over company operations and dividend decisions.Single-Family Rentals: Building Equity and Cash FlowSingle-family rental properties offer a distinct investment approach, providing a tangible asset and potential rental income.

Here's a few things you can do to mitigate this from happening: Hire a house sitter (~100 per week)Ring alarm monitoring system (~20 per month, no internet required)Plant some flowers in the front (imply occupancy)Install dummy or real security cameras (some area even cellular based for live capture)Drill the exterior doors shut As far as theft/vandalism goes, make sure you are insured correctly with a builder's risk policy that covers it. 

We have strategies to mitigate that risk: not renting to locals, smaller units, multiple-day stay requirements, no pets, must have a picture and at least one other review on your platform profile, must respond to an email from us, exterior cameras, etc.And 99% of people naturally tidy up after themselves.  

The mitigator (EMC, now owned by Chase), at first wanted 100% BPO.

Things don't work, I get that...but mitigate with excellent response, great customer service and a hearty willingness to fix the problem.