Do you show them how you mitigate and control risk?  

That gave me enough information/experience to be dangerous. :)  I started working with a realtor and keep my eye on Zillow.  

For example, Zinsco panels are considered outdated and potentially dangerous due to design flaws, specifically with their aluminum bus bars and circuit breakers, which can lead to overheating, failure to trip during overloads, and increased fire risk.

This will help you make informed decisions and mitigate risks.Lastly, remember that real estate is a long-term game.

Are there ways to mitigate these by adding special clause to the lease?

Building to a strong Yield on Cost is strategic.By prioritizing YoC, we ensure:Real Returns: The project generates cash flow that justifies the investment.Risk Mitigation: A healthy spread protects against cost overruns or market shifts.Execution Focus: We’re rewarded for delivering a quality project on time and on budget.Takeaway: Build Smart, Don’t ChaseIf you’re evaluating a development deal, shift your focus from cap rates to Yield on Cost.

I'm thrilled if I get anyone because it mitigates the loss in the low season. 

And what could one do to mitigate any such effects?

That means:Depreciation recapture under IRC §1245 is triggered at the time of sale.You’ll pay ordinary income tax (not capital gains) on the depreciation taken on these components, including bonus depreciation.Even if the replacement property has similar assets, the IRS treats them as newly acquired, so the prior depreciation is recaptured and taxed.Tax mitigation strategies:New cost segregation on the replacement property to front-load fresh depreciation that can offset income (especially useful if you qualify for REPS or STR material participation).Strategically use suspended passive losses or time the sale during a lower-income year to reduce your effective tax rate on the recapture.Consider installment sale or partial exchange structure, if applicable, to spread gain.Let us know if you'd like our downloadable 1031 exchange, we can send that over to help you build out your roadmap.This post does not create a CPA-Client relationship.

Even if they were not charred, smoke leaves a nasty smell and dangerous chemicals.