So, this is going to be a tiny bit politically-incorrect.  

I have considered tiny homes on lots up there as the zoning cN be favorable

They build all kinds of structures, tiny homes, yurts, tents ... cabins, even the barn, and put them up on airbnb, without bothering to ask the county/city, because, there is no neighbor to complain..

Furthermore, my cashflow is a tiny 220/month, 1 month of vacancy and I wipe out 2 years worth of profits.

I would not recommend you get a house that needs alot of work before you learn abit because some things like flooring bathrooms etc you wont know how to properly evaluate the cost of repair without a tiny bit of experience so if you want to do that i would suggest learning from someone or going and finding out all the different price ranges for the following: kitchens, bathrooms, tiles, hardwood, plumbing, elect, roof, AC, carpet.

Hello,My name is Jevon Wooden and I have been interested in real estate investing for some time now.

Each unit is about 450 sq ft   each, which is pretty tiny.  

Example: The wooden supports are affected by deathwatch beetles, though I'll still need to bring in an expert to see whether they're still active.

Your monthly cashflow of $470 is a tiny percentage of the $5290 rental income.

They think that these tiny towns that are booming will get week kneed at their cash and fold.