This is a more advance tenant placement tactics people who lack the experience or with an innocent mind can't read others properly should do more often before they relying on their read. 

Patiently waiting to hear from the great minds here.

Meanwhile some dumps 2 old mattresses and a bunch of tires in the front yard.

I'm a rookie real estate investor hoping to find or build a community of like-minded women.

But I'll mind my own business now. 

Keep in mind that inexpensive properties are inexpensive because they are less desirable properties in less desirable areas and attract less desirable tenants.

Feel free to reach out if you're still looking and don't mind remote.  

Do you have a region in mind to buy in or are you just exploring the idea?

Are there any potential risks or downsides I should keep in mind before proceeding?

@Kash Tacke I'm a big fan of ADU's in general especially here in the mid west, yes you could potentially be on the front of the wave, but housing density is the solution to the affordability issue, anytime you are investing with affordability in mind is a great strategy to me, and sound like there are some incentives or at least supporting winds form the local city, that in itself seems like it would be worth at least approaching an architect or contractor to bid up some plans or concepts to take tot he city.