100% agree with @Collin Hays - find a local manager, preferably one not too large or not too small, I would say 30-90 properties is usually a sweet spot.

Invest in some awesome parking facilities, like garages or covered spots.

I would use the income to slowly improve the house and once you get it to a good spot, HELOC out some money for a down payment on another place rinse and repeat. 

Tornado, wind, hail, flooding if in a low spot, general weather related.

A new double wide is going in two spots down that is $140k they say, but that is new, but also no attached garage, etc.  

Quote from @Paul Azad: Beautiful property Blake, and great growing area, i drove through a few years ago, amazing scenerey and perrenial vacation spot, would you feel comfortable sharing the structure of the syndication for the investors, fees, projected IRR, or time weighted avg returns etc from a potential passive investor perspective?

Alexandria, VA is a great spot for house hacking!

Must be really nice to be in a spot where 20k “isn’t that much anymore” haha!

Then let them guide you, play devil's advocate and act as the borrower, and cover your blind spots.

It doesn't take long to learn how to spot a good deal.6.