To justify the land cost (if I recall), you needed an already functioning property in the land and needed to add the Tiny home. 

Hey Chris would love to visit.  100% of my business is helping clients in all 50 states with purchasing vacation homes/STR properties. 90% of my clients use the 10% down loan because the lower down payment requirement and rates/cost similar to a primary residence.

They claim to furnish properties for 2-3 times the usual monthly rent with the help of their "designer team" , but the actual costs are 5-7 times higher.

Your construction background and being local to Columbus are huge advantages—they’ll definitely give you an edge in finding properties and keeping rehab costs down compared to others.I’d suggest exploring parts of the city you’re less familiar with.

Just crunch the numbers and ensure the terms work for your deal.Hard money typically funds up to 90% of the purchase price and 100% of the rehab costs on a draw schedule.

Plus the 1031 exchange agent's fee of $6500 for a build-to-suit exchange, the initial acquisition cost was close to $120k.

The helical piers system would cost $25k but is a permanent solution.

And I would argue purchasing is easier than managing.Luke 14:28-30 For which one of you, when he wants to build a tower, does not first sit down and calculate the cost to see if he has enough to complete it?

Like what Joshua said, purchase price, closing cost, and agent fees are capitalized.

Installing a well in central Indiana costs about $15k and a septic is $7-10k on average.