Just a little background on myself I grew up in Silicon Valley and went to school in Orange County studying Economics.  

It's better if you are looking more to replace your salary for years, over giving a lump sum once (a life insurance payout) and having to be frugal/reinvest it to make sure it lasts for years.Anyway, this got much longer than I planned, but I hope it proved to be of some value.

Yep, that makes perfect sense to me ...As to renovations, they are totally market specific ... you need to study the comps.

So you have to be able to communicate and hopefully prove that you're a real investor who will buy properties that they will get repeat business from. 

I understand that I need to study more and build up a trusted network, so I thought starting out with a post would be a great start!

I have  a question, are Tiny Homes completely 5 year assets in a Cost Segregation Study?

Study these reports, as well as those from previous years if available.

I am sure there is some truth to "your reality" because you have seen evidence that proves "your reality" is true.

I highly suggest a more comprehensive study when calculating the overall investment including an IRR calculation.

I would recommend studying what it means to be a landlord before buying the property.