Wanting to know some basics as well as funding options. 

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

I am interested in acquiring a 10-acre lot with a house listed for $1.6M in a Houston suburb and would like to investigate financing options for building a commercial structure on the property.

At 19, house hacking is the best option if you have the downpayment and closing costs set aside.

Sounds like there are more than just 2 options. 

And if that doesn't work, at least you have options.

The other option that I talk about with a lot of the investor that I work with is investing in a turnkey situation.  

Kyle there are a ton of options here that you can compare.

I found Stessa and Digb to be the best options for organizing real estate portfolio and taxes, cheaper, and real estate focused.   

Correct, the idea would be to owner-occupy one of the units (I’m looking at 2-4 unit options).