Investors with experiences and losses recommend living within 3 or 4 hours of the rental, so it's easy to drive back if something goes haywire.My friends live 2 hours from theirs and it's a hassle. 

@Jorge VazquezI would never pay someone to do something they were supposed to do in the first place.I would hire an attorney and pursue that avenue, sue for losses if you wish.School of hard knocks

Would you have net income or net loss without the cost seg study?

Once you recognize a capital gain, there are ways to invest that create passive losses to offset these passive gains, but that can only happen if you have capital gains in the first place! 

Should we be giving a little more grace to the folks who have handed it in and admitted defeat, simply because they will not compound losses on those deals?

I see Seabrook as a place to visit when you want and use the losses to offset high income net worth stuff.

Do I cut my losses and agree to work with their partner?

If the market tanks, just keep renting these cabins out until the market recovers.

So, assuming this tenant is already paying market rent you will never recover those additional costs and make less money.

The buyers will do just fine, it's just an agent's lamenting the loss of a "easy score".