But overall, I don’t feel unsafe in my home and our long time resident neighbors still haven’t had any issues.

I’m aware of what material participation is, i just wanted to see if anyone has personally done this and if there were any issues or pitfalls with doing it.buy a million dollar cabin, cost segregation, 200- 250k tax deduction against w-2 income and rinse and repeat?

As a whole they have the following in common as per their operations1.

In most cases these are not issues that can be easily resolved and typically the damage can merely be mitigated.

I can pre-authorize an amount and if the expense is below that, the vendor can do the repairs without talking to me live4) Urgent maintenance issues - say a pipe breaks, or tenant is locked out.

Is 3x rent income requirement (including voucher) common?

Also the course decribing the lot doesn't close by 35'...three parcels adjacent to ours that we share a boundary with have completed record surveys over the last 40 years and have identified and attempted to reconcile the issues using good survey theories (the art behind the math, who gets what and by how much and why).

Yeah that’s the issue.

150-200/month can easily be no income for two years if you need a new furnace or there is a plumbing issue.

And we had an investor who sent a piece of mail asking to buy land from us, which we said “yes, we were about to work with a realtor in about 2 weeks, but if you could get things done faster for us, we’d love to work with you if you could take care of all the issues that come with the house”.