Alternatively, you may need to factor in a larger repair budget to address the vacancy issue, effectively eliminating the risk. 

Can you assess rehab costs without being onsite?

When you have a big cost segregation depreciation plus your big startup expenses such as furniture and supplies, and you then have a big tax deduction against your big W-2 income because your passive losses are no longer limited with your big material participation, it increases your audit risk a ton.

Partner Driven financed the Watering Place deal using its own capital, covering the $350,000 purchase price and $1,500 in minor renovation costs.

@Joseph Stammeyer, the program costs just under $10k and they will fund all of your fix & flip deals, including the rehab.

Tax Benefits While Building- Create an LLC and pay start up costs through the LLC (architect fees, permit fees, etc.).

Development costs will often be the biggest hurdle, meaning: sell the land you have and buy an existing park, campground, rv park and "upgrade"/ convert the sites to tiny home compatible. - and you'd be ahead.

You may have to balance spending money on things today that you may not really need until later - but, they may cost a LOT more to change later.

What was the cost? 

Low-cost index funds are a great way to achieve broad market exposure with minimal effort.