We have insurance and our deductible is $1k.

Divorce/ quit claim deeds, tax levy’s and just flat out abandonment.

My deductible is $500 so it makes sense to explore options.

With a recorded mtg you’d have to pay the loan off when you sell.You deduct your interest payments the same as with a bank loan.

With a higher deductible you’re monthly cost would be less.

If the plumber charges $82.00 for the work, you are charged $82.00 and it's deducted from your monthly proceeds.As an owner, you want to see and know what your income and expenses are at any given time!

However, there will also be deductions you can make that go along with that. 

I am thinking that if I used the money to build 3 or 4 more cabins, I could deduct that money as a business expense against this year's income.  

Based on my activity log that I maintain for purposes of claiming the QBI tax deduction, I spent slightly less than 4 hours per week of my own time last year managing my business. 

Don't forget that points are tax deductible.