But if I believed their projections then, yes, investing in the pref equity raise could mitigate some of my losses.

Yes, in the end you have to decide whether it's a for profit venture or not, but there are all sorts of ways to mitigate what is an unfortunate thing to have to do as I mentioned in my first post.

This is a great idea to help mitigate risk, but you probably won't receive tax benefits over your current strategy.

What we cannot control, we can only take every step we can to mitigate and communicate.Happy to answer any other questions, too, and clarify if I've missed anything. 

Will need to deal with Land use, utilities, trees removal/mitigations.

What are the options to help mitigate maintenance costs.

There are steps you can take to mitigate this.  

There is risk to investing in real estate, and you can mitigate a lot of that risk by underwriting the property correctly.

We are just starting out and looking for a way to mitigate the seasoning period. 

Should I undergo water mitigation and mold remediation immediately prior to filing insurance?