The goal is to create paper losses that offset your wife’s W2 income, reducing your tax bill. 

After the repairs are done, send a bill to your neighbor demanding payment within 30 days or you will sue.

In this case, speed is your friend.If you can, pay for repairs out of pocket (or on a credit card or with a loan) do so and then submit the actual bills to the insurance.

Quote from @Bill B.: It was certainly timed perfectly to screw over the hurricane victims with zero concern for their life or well being.

Point is cash flow (positive or negative) can be inconsequential compared to the appreciation assuming you do not need the cash flow to pay the bills - cash flow is taxed, appreciation is tax deferred and can be avoided.I put forth effort to keep my RE investment significantly leveraged.

I agree with @Bill Hampton.

Raising the rents, billing back utilities and growing the gross income on the park are all your future opportunities and for you to capitalize on.  

Some of the things I'd like it to do/keep track of:-Track purchase price, details of any loans, and current equity in the property as well as total portfolio equity-Track current and past rents for properties-Track total ROI for individual properties, as well as entire portfolio-Track expenses, be able to upload receipts, bills, etcAny suggestions are greatly appreciated. 

The total amount of interest would likely increase.Also, check your property bill closely this year and next year.

Sure, I cover the water to refill it, but my water bills tend to be pretty "normal" so it doesn't seem to be costing me a ton of extra $$.Point is - yes, this is completely normal and it's something your cleaners should be doing at every turn.