Another note on construction cost, going vertical is very expensive now and would require have a great connect with a developer and a builder in the area.See what rents are in the area and run the numbers to ensure the rents will cover your costs and give you a solid return—using the 1% rule can help.

They're expensive, but I know several people who have gone thru each program and become what I think are successful investors, moreso than other programs. 

The term Tiny Home is the actual company selling these really nice smaller less expensive versions of standard built homes. 

Cash flow often being reinvested into property expenses, which can make it challenging to rely on alone.

Denver is very expensive for a new guy who doesn't have loads of capital so a market like Missouri for example is intriguing for far cheaper real estate but then Id either have to move, improve the property remotely or simply buy and hold as a rental for X time. 

This means the property is owned by the IRA, and all income and expenses flow through it.

You want access to equity but you also want access to the full profits without safrificing it to expenses to expand your business.

My contract with my property managers requires my approval for any expense over $500.

Rental homes - especially paid for ones - are a good retirement supplement, or even plan if you have enough of them to offset vacancies & expenses.

you said "rent covers mortgage." you need it to be significantly higher than the mortgage to cover all the expenses you are going to incur.hope this helps...