I’ve seen many people get creative offering many projects like car washes, propane, u haul rentals, food, etc.

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. 

If their belongings were damaged or if food spoiled as a direct result of the leak, then I might consider reimbursing them for their losses.

I just wanted to give you some food for thought that you can live anywhere you want and invest in other markets. 

@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! 

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?

This is due to the fact that we were only looking at properties that don't need big upgrades. as I agree to your point of just jumping in, we want to make sure we don't jump in and then get out to realize the loss we took on it.