I also looked up Loss Mitigation Network (the lawyer network they claim to work with).

But how can we understand these risks and mitigate them?

Make it hard for them to get in and find what they want.I would never pay thousands of dollars for a mitigation situation that may or may not resolve the problem.

.), that type of storage has, typically, a larger customer draw radius, and low visibility can (in part) be mitigated via marketing.If nothing else, the due diligence exercise educates me and the information can possibly be useful when evaluating other opportunities. 

Looking forward to learning as much as possible and (hopefully) mitigating any terrible mistakes.

Here in Texas, the landlord is required to mitigate damages by making a good faith effort to find a new tenant.

. :)I certainly wasn't advocating for legal threats, rather, its her obligation to fulfill the contract or make a concerted effort to mitigate, e.g. subletting.My second post -- after seeing advice from others -- was finding a middle ground.

Here, we must attempt to mitigate our losses.

The best risk mitigation strategy for small landlords is to mirror how those bigger landlords operate as much as possible.Having a good healthy human relationship with your tenants is fine.

Look for cities with diversified economies to mitigate risks during economic downturns.With your budget and interest around Allentown PA, Syracuse, Philly, Cleveland, Omaha, might also be worth considering.