Whatever the option is, you should discuss it, and pencil it out so that you know you have a pivot option as a safety net for your adventures in Real Estate!

Yes, some of the basic principles in ANY book can still be applied to any time.

Annual revenue for a small 2bed 2bath cabin is basically the same.

Those that cannot weather the storm get wiped out.Having cashflow positive properties provides a margin of safety you just do not have with negative cashflow.Why are you focused on buying in your backyard? 

Is the property set up as a STR already or do you need to do the basic work to get it started?

Heck my local credit union pays 3.5% on its basic account. 

That shows real estate can be possible for anyone; in my opinion, I know everyone has unique and challenging situations, but in principle, anyone who can follow some basic budget fundamentals can save up enough for a down payment.Grateful BiggerPockets continues to bring more people into the industry!

Basically I would upload and organize my photos in RentRedi and I would publish and the lead photo would be like of the driveway or laundry area.

-Structural (foundation, wall, ceiling and floor)-Roof and Exterior(Roof Condition,Gutters and Downspouts, Siding, Windows and Doors)-Plumbing (Water Pressure,Leaks, Drainage, Pipes)-Electrical (Wiring,Outlets and Switches,Breaker Panel, Lighting Fixtures)-HVAC(Air Ducts, heating and cooling)-Water and Moisture Issues(Attic, Mold and Mildew)-Kitchen and Appliances-Bathrooms-Pest and Insect Problems-Safety Features

So many people come in and are looking for a spreadsheet to estimate for them and they don't understand the basics of what numbers they are inputting.