Ultimately, is going to depend upon your local code. No matter what anyone says or thinks, your local code is going to dictate.
You can't afford to purchase trusses, so lets start with it needing to house an M that isn’t a big tractor to begin with. I have to figure that 12' long x 12' wide and 8' high should more than do it, if the M is all that will ever go into it. A fella that wanted to sell me a Case VAC and an Allis D15 had them both in separate sheds that were barely bigger than the tractors, and sitting in the seats came close to bumping my head, but both sheds worked perfectly for what his needs were. His two tractors in their two sheds to protect them and some gas cans, but nothing else. No one but his neighbors even knew or would have guessed that he had two tractors of that size in his yard in small shed like that. They were sheds in town, and the guy was in his '80's that retired as a small farmer, but kept the tractors to do small plots for people that didn't have the equipment. But, don't hate yourself later down the road if you build it too small though and have no extra space to grow into. But as you said, money is a factor for most everyone these days, not just yourself.
If you are not going to build it much bigger than the M, you don't even need plans. Use a piece of paper, a pencil with eraser, and a tape measure. Then go to Menards or Lowes or somewhere where they have erected sheds on display, and take a look at how they are constructed. You don't even need to go 4"x6" studs if its going to be that small. You could get away with 2"x4" if they are going to be 24" centers. Things to think about though, is if your wall studs are going to go into the ground for strength, and if so, how far down is your thaw line, and they need to be weather treated because raw pine 2"x4"s don't like moisture for long.
Draw it on paper, then go to a supplier and price supplies for you to build it yourself, including trusses that you can make yourself using plates that you can purchase from Menards, Lowes, or wherever, to join 2"x4"'s together. I made my own trusses for both tool sheds a built in the last few years. One of my sheds is 14'x10'x16' at peak, the other 22'x12'x16' at peak. Both sheds cost me about $1,000 each to build, and that included concrete floors, which neither needed, and vinyl siding because I want them to last decades. You can do it for less, but whatever you do, you will need a good roof, and bare plywood does not make for a good roof, at least not for long.
Keep in mind that people were housing families in log cabins from timber they cut themselves with no pencils, paper, tape measures, plans. Technologies have gotten much better since then, so you can do it easier and better. You can and will do just fine. Much good luck.
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Today's Featured Article - Harvestin Hay: The Early Years (Part 2) - by Pat Browning. The summer of 1950 was the start of a new era in farming for our family. I was thirteen, and Kathy (my oldest sister) was seven. At this age, I believed tractor farming was the only way, hot stuff -- and given a chance I probably would have used the tractor, Dad's first, a 1936 Model "A" John Deere, to go bring in the cows! And I think Dad was ready for some automation too. And so it was that we acquired a good, used J. I. Case, wire tie hay baler. In addition to a person to drive th
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