You should think through how much this will cost with architectural drawings, a good GC, etc.

-While rent would be more expensive month by month, the idea of being able to take my equity out of my home and also being able to reduce annual repair costs, property taxes, etc. does seem appealing to me. 

The list are getting the information, and whether I can get it for free.

Good cost basis on the land and a strong ground game to complete.

For a solo team we have a plan for $147/mo that includes onboarding to connect your tools at sign up and anytime throughout your membership at no additional cost, and screen share training with our team.

NWA is really growing, lots of great opportunities for investments and the cost of living is still affordable.

We deducted the cost of cleaning the home, the carpet, and some other drywall and paint damage to the property. 

For me I am free pretty much always now:)

Feel free to reach out if you have any other questions or would like to discuss!

But if your goal is to cashflow positive from the Day 1, you may find it very challenging due to current day interest rates, high cost of construction and the fact you won't have the efficiencies of a seasoned developer building at scale.