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.

The question here is, does he buy 1 larger more expensive property (let's say $1.5M x 1) or split it up and buy 2 smaller properties ($750,000 x 2) or even 3 or more smaller than that ($500,000 x 3).Obviously there is more work involved with setting up multiple properties, but I suspect the returns will be higher on smaller properties.

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.

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.

there is good amount of risk involved, but rate of return can be high, you need a good house manager first and foremost and they're difficult to find and trust in that space 

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!

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.  

I have been building and holding without involvement of banks.

I was not involved in terms that were offered but expertise and ability to close on time and meet deadlines was all I could ask for.  

DST's can have up to 500 investors but you likely will not be involved in any of the operating activities so you can and will be an absentee owner collecting a check.