If you're investing based on cash flow and have confidence in your future rental demand, that will help mitigate risk.

My general thought on expensive capital expenditures is to mitigate the risk and get the maximum time out of each item.

But with a little basic market research into your area, I think that fear can be mitigated. 

.🔒 Risk Mitigation: While no investment is entirely risk-free, BRRRR offers a strategy that minimizes risks by continually optimizing your portfolio.Conclusion:Elliot is proof that BRRRR can be a game-changer in your real estate journey.

I bought the property in the name of an out of state entity and am therefore taxed under a 6% ratio instead of a 4% ratio.Can anyone from Charleston that offer advice on how to mitigate this problem?

And more importantly, can provide risk-mitigation associated with real estate ownership.

This bias can exacerbate analysis paralysis because it keeps investors stuck in a loop of finding information that validates their initial inclinations.To counter the confirmation bias and further mitigate analysis paralysis, here's an additional strategy:Diversify Information Sources: Encourage investors to deliberately seek out information that challenges their initial assumptions.

Find out exactly why they are reluctant to be on board and find ways to mitigate those reasons.   

With a good operating agreement and an umbrella policy, you can minimize(NOT MITIGATE) your exposure.3.

Additional planning can mitigate, but can never eliminate the risk.The simplest way to move forward is to calculate the amount of risk you're willing to take and use that in your analysis phase, to make sure deals fall under your level of acceptable risk.