I am trying to get a decent handle on what happens (or at least on one tiny part I can focus on at any one time)!

When I remove mortgage from the PITI, I love that this teeny tiny, free-and-clear home will throw off almost $800/Month.T-Minus 7 years until my retirement goal! 

I have an emergency fund built up that i do not want to touch because I am very conservative (my outlaw nickname is like calling a big guy tiny) and like a safety cushion.  

However, Indianapolis has a strong and growing tiny house movement and, because Indianapolis zoning isn't tiny house friendly, Tiny Housers have to look into the surrounding counties. 

Only 450 square feet on each side... 3 rooms in 450 sq feet are tiny...

These are tiny properties compared to a 49 unit building, I'm actually looking to get into flipping apartment complex's to myself in late 2017 similar to what we have been doing with residential this last year.

In your case you have a tiny loan amount but since the costs are standardized it appears that you are getting screwed.

Anyway stocks are okay for a tiny part of your portfoilo but I think it's a waste.

Those fees reduce the profit potential for a small deal like this even if you hit the 70% number.OTOH, it may be hard to find a HML who will do a tiny loan like this.  

The reason I would like property with this single, is I would like to be able to build a granny flat and or a "tiny house" on the property and use for Air BnB or rent it as a monthly rental, to then turn this BRRRR into a House Hack BRRRR.My strategies are not set in stone, and which one comes first is all up to the deals that I find.