House hack build strategy?

[Briana Nasman]

Hi! Long story short, I went down the 'i want to build a house' rabbit hole. After conversations with numerous on your lot builders and a solid understanding of the work load I would take on, I started looking at land in an unrestricted, massive resort community. These houses are selling for 1.2-1.8 million (yes, they are very nice houses, but not a ton nicer or bigger than the house we were planning to build for 450k in a nearby neighborhood- excluding land and excav). Their parcels are 175-400k, have utilities onsite and are generally flat and usable. It's an hour from a high income major metro area so the spec houses sell before they're finished and are in high demand. I am SURE I'm missing something as it seems too easy, just not sure what. Obviously, we're fine living in the house for more than 2 years if the housing market tanks, just would plan on at least that to avoid cap gains.