The only way to know if your idea is worth doing from a wealth building standpoint is to do the math:  What is the cost to acquire?

What a great start to building wealth!

Make them build them, so they own them. 

Make sure the zoning, local building department/regulations, and neighborhood allow you to put a tiny house on your property and rent it out.If that is not possible, using that money for the next property makes sense.In general, I think increasing housing density will help provide more badly needed housing affordably.To Your Success!

Ironically, these are often the best opportunities to build equity and find great deals.

Find a mentor you know, that you don't have to pay and build a good team around you.

Hopefully you have a better streamlined build on the next one.

Now if you just buy the buildings, hire contractors, and hire property managers the odds are they won't really be able to get to you. 

In order to have this approved as a 3rd unit we will need the city to come out with a building inspector - who will outline everything we need to get this approved.

Build cost low.