We see it all the time with the conversations on what cars/vehicles folks drive :) here in BP there is a badge of honor to drive a 20 year old 250k mile car/truck :) Myself I saw my dad do some of this although he never got to the utra wealthy stage by a long shot but made good money in RE however it was not until he bought old style timeshare in Maui that he would finally take a vacation..

They were a hard money / private mortgage lender out of Las Vegas doing about $30 million annually.

I went to the Vegas gig one time..

It could offer some benefits if designed properly to avoid a "slumlord" style property with 3x units crammed on one lot.

Our investor services business in Las Vegas has operated for over 16 years, and we always encourage clients to visit, especially for their first property.ReferencesEven with references, unless you know the area well and have real estate experience, you should see the property firsthand.

I built one 2 years agot just under 3k sq ft but on a busy corner so it only brought 1.5  but that was the cheapest new build in Lake Oswego at the time that was not attached IE detached SFR.And in Vegas 3 mil while not brand new will buy you a pretty spectacular home..

Once my Oregon Project is done end of this year Move base of operation and personal residence to my home in Vegas .

I work with a lot of MTR investors and what I am seeing frequently with multifamily acquisitions, particularly with new investors, is that they often test the property just like you're mentioning, as a way to dip their toes in the water and see what works in their area and for their personal style.

I think the A frame idea works great for this setting, but some have said the A frame style steeper peaked roof works better. https://www.instagram.com/redtail_cabins_adu/

Location. 25 minutes to beach, 40 minutes to Florence, 15 minutes to Pisa, 60 miles to snow skiing.  10 minutes to Home Depot style store, etc.