If the losses are substantial, small claims court is a viable next step, and involving an attorney is only necessary if things escalate or exceed the small claims limit.

Or is there a third party involved?

In those cases, what matters for tax purposes isn’t whether it’s passive or non-passive income, but whether you or your spouse are materially involved.

Contact the agents involved.

Recognize senior living (if assstrd living) is an operating business that involves real estate.

For me, it's meant:No alarm clocksWorking from anywhereUnlimited time with family (yes, even the 𝗈̶𝗎̶𝗍̶𝗅̶𝖺̶𝗐̶𝗌̶, I mean, in-laws)Being present as a dad and husbandIf you’ve been stuck in analysis paralysis, waiting for that “perfect time” here’s your reality check:Spiking inventoryHousing sales at 20 year lowsPrice reductions everywhereSellers can’t sell, buyers remain on strike.This is when you step in and get involved.

I think that's a great way to go about your goals; by getting some experience through a few deals and then eventually getting involved into larger ventures like mobile home parks.

When you consider all things involved if the development process I believe that working with an experience builder and coming in at the end with long term financing is a much better and safer way.  

Congratulations on getting involved Lindsay.While on vacation, I have a local friend or our cleaner on stand by for any emergency items.

Since you already know how to position properties to renters on Facebook Marketplace, you could apply that same creativity toward listing strategy and social buzz around flips.If you’re looking to get involved hands-on, you might consider:Partnering with a local flipper to help market one of their projects (great way to learn the numbers and process without taking all the risk).Sitting in on open houses and noting what questions buyers ask most often — it’ll give you insight into what features matter in your market.Starting small by networking with wholesalers and rehabbers in Denver so you can see what types of properties are moving and why.Flipping has a steep learning curve, but with your background in marketing, you’re already ahead in one of the toughest parts: getting eyes on the property when it’s ready to sell.Looking forward to seeing how you dive into this side of the business!