Maybe about 13-15 acres with some harsh terrain, streams, dense woods I don't want to cut down ever.

Caught in the crossfire between the YIMBYs and the NIMBYs is the contentious topic of ADU or Accessory Dwelling Units.

The decision simply defined the definition of a "residential/dwelling unit" as it stands vis a vis the Conway Zoning Ordinance. 

If someone is trying to quit a 40k job a year and is accumulating local units to do themselves that is a different situation.To scale and have multiple revenue streams the investment has to have structure and little involvement from you the owner to perform.

Once you choose your depreciation schedule, you cannot modify it mid stream, you are on that path until you either sell the property or deplete the depreciation life of that component. 

If this isn't a separate dwelling unit you can't take losses from the rooms / space you are renting and use them to offset non-passive income (Section 280A of the tax code)Rental expenses are limited to the amount of your rental income and the balance of rental expenses is carried forward. 

. $2,500 deductible is pretty much the standard on any dwelling (home or rental) at this point and $5,000 isn't uncommon at all. 

I want to get more into real estate and want to start  BRRRing with new build single and multi family dwellings and I'm needing some guidance with some of the financials of it. 

Example: https://www.akc.org/dog-breeds/best-dogs-for-apartment-dwell...Good renters are good pet owners.

This investment not only provided a substantial return in terms of appreciation but also generated a steady income stream, reinforcing the value of strategic real estate investments.