Currently I am working towards improving my personal finance position in preparation for buying my first property i.e. paying off debt and minimizing monthly expenses and lifestyle spending.

I know nothing of the area but I'm in love with the idea of a lake lifestyle. 

I think these types of investments work for three specific scenarios:1) You can buy multiple of them in the same building and use them only for STRs via AirBnb to reduce operating costs and maximize returns.2) Investors whose portfolios already have lots of appreciating properties and they want a luxury lifestyle at a fraction of the cost.3) Seniors on a fixed income with limited resources who plan to carry them through retirement. 

. -- Homeowners have cash savings 10 times as large as that of renters—$6,400—and median net worth is about 35 times as much—$173,010.Meaning most renter households have neither a personal safety net nor a way to build assets for the future.Saying that they SHOULD have saved money flies in the face of the customers earnings and lifestyle habits.Those with more earnings and better lifestyle habits tend to not be our customers (they own their own home).Renters don't earn enough to save for a home or make home payments (many never will, especially if not married), and many tend to "Live in the Moment".If they didn't have these particulars, they wouldn't need us to provide housing for them (a Leopard isn't going to change his spots, so to speak).Just my 2 cents.

And it makes me slave to the government.I maintain a healthy savings and can easily absorb up the loss without impacting my business or personal lifestyle.

People are taught that they have to go a certain way to acquire the lifestyle they want, including a house (such as using big banks, which many aspiring homeowners can't do), they don't think they can buy a house, they're stuck renting, instead of really looking at their options.I'm kind of on both sides, which is part of my own cognitive dissonance since I am an aspiring investor, but have had a couple of terrible experiences with landlords. 

They are living a reasonable life style and are facing an unprecedented emergency. 

You do not have to have first property be 3plex you just need to make sure second property has a legitimate reason for moving in, an upgrade to your life style. 

It shouldn't also be my responsibility to enable people who live carefree, YOLO lifestyles, by taking the hit when things go tits up. 

Or you could just leave it there, go military on that debt over the next few months, cut your lifestyle in half, no spending, no entertainment, no luxuries, just paying down debt and eating peanut butter and jelly sandwiches, and improve your position that way. (99% of people won't do this, and I can't blame them)I currently moved funds from a Rollover IRA into a much more liquid position, for any opportunities in the near future.