Spec build or sell off?

[Jesse Ramirez]

So I’m in the process of finding my first deal but do not actually have one under the belt.

I was gifted a land in Timberwood park in San Antonio from my gma. If I sell the land out right I can get anywhere from 40-70k if I spec build and sell the house I could possibly make more. The houses in the area go for 300-500k I plan to use the land as a down payment (since I would own it outright) and then build and sell. Am I in over my head with this or should I go for it? Are there any spec building books you recommend?