If you target mobile home park investments, you should be able to achieve dollar-for-dollar passive losses and in some cases even more than that. 

People rent instead.iBuyers have been a trend for several years now and I believe it has it's place, but will not grow beyond a small share - Zillow just killed the program with massive losses and laid off 25% of their employees.For 2022 it looks like the market will become more healthy; the rate of appreciation should slow down, but we do expect prices to go up.

While you want to minimize the financing costs, it also has to be worthwhile for your HML, so you might consider using $100k in hard money, then using your HELOC and/or cash (in whichever order you're more comfortable with) for the rest, keeping enough in reserve for the repairs and renovations. 

That’s what I did and it created a huge loss on paper to offset my taxable income.

If you and your fiance hold Title, then technically you two would report all the gains/losses on your tax returns. 

Both major expenses with no return in value to the property, probably a loss with the tree gone. 

Also if there are any contacts here that would know where to find properties that would need minimal work, I don't want to replace wiring and framing due to damages.

By following the method illustrated below, you minimize vacancy cost and maintenance cost while maximizing rent.

If you have a good case, I would send the PM a written letter explaining why you think they are responsible and asking them to compensate you for the loss.

@John Do Most of my investors rely on me to minimize the competition.