Very expensive to mitigate and carries long term liability. 

I don't know about non-refundable deposits, and always check state laws to see what is allowed, but you have to mitigate this known risk at the beginning of tenancy. good luck!

Losing money can be mitigated with a proper plan and accurate #s.

In fact, if they have an annual service contract, that's even better.To start with, the most important thing is to mitigate your liability.

Again, this can (A) help you devise a game plan, (B) give you ideas on how to manage your asset better and (C) helps you understand where you have the greatest exposure to help mitigate its effects. 

Just put away what you would pay in rent each month and use that as a future down payment for another place.Secondly, if you did that, and you bought another rental property for a much better deal in a year or two, perhaps that would help mitigate the mediocre deal you had the first time around.

Only risks - some that can be mitigated, most can't. 

You'll want to ask for the Loss Mitigation Dept.

Be prepared to play 20 questions when/if you get through to them and get a loss mitigator on the phone.

All other liens go by recording date absent mitigating factors such as subordination agreements, etc.