Be EXTREMELY careful when renting to friends. 

This information is extremely helpful. 

However, it would be extremely rare for this to apply to short-term rentals of your home or second home.Exception to the Significant Services Rule – If the personal services provided are similar to those that generally are provided in connection with long-term rentals of high-grade commercial or residential real property (such as the cleaning of public areas and trash collection), and if the rental also includes maid and linen services at a cost of less than 10% of the rental fee, then the personal services are neither significant nor extraordinary for the purposes of the 30-day rule.A loss from this type of activity, even when reported on your Schedule C as a trade or business, is still treated as a passive activity loss and can only be deducted against passive income.

@Alexander M Dant Real estate investors are everywhere regardless if the cost of living is extreme.

It will likely save you from being disappointed at the time to sell.Good luck

Not here to complain but to post and see if there are any solutions to the obstacle I have:
Was Pre-Approved for 300K Multi-family home & 200K single family home. Due to a change in jobs which is a whole another ...

It's extremely easy to lose that money.

Extreme weather or the uncovering of more problems is fair, whereas lack of organization and communication certainly is not.

Thanks for all your expertise.. in conclusion, the answer is to just do the dirty work and find the deals/extremely motivated sellers. 

It's extremely hard to calculate capex for the well and septics.. plus having such a small park just to support it.