Here are my thoughts/questions:-When you say "builder" please give some more background...is this someone who builds a handful of spec homes a year in the area?

@Anthony DiSanzowhy not stay within driving distance to be hands-on? 

How are folks navigating 1031 and high financing rates vs taking capital gains hit and having pure cash on hand to redeploy elsewhere (in my case, rebuilding on my primary residence)?

Many investors start with personal ownership and transfer the property to an LLC later, but it depends on your long-term goals and risk tolerance.

They can offer a more hands-off approach while you get your feet wet.

Best advice is to join or visit a local REIA meetup and start shaking hands.

Even with very little cash on hand, you can get creative financing; for example, I did my first flip renovation with a new business Credit card one year with 0.00% APR, paid everything back after the sale, and got points and signup bonuses.

A handful have been sued. 

**Disclaimer**: Being young, I don't have a lot of responsibility so I am fine with being more hands on now to be able to have more time to spend with family later on.My what: I'm looking to buy small multi-family property to house hack and gain equity quickly over the next few years.

Appreciate if anyone has first hand insight.