I feel my money is best spent building a portfolio of cash flowing units.

It can help build some incredible relationships and really learn some great tips from the pros!

I know the founder and know that they've set out to build a platform that takes the best features of sites like Furnished Finder and Airbnb and leaves out the clunkiness and annoying policies and practices.

You could be overinsured on the building and lose money on not enough Personal property coverage.B. 

As important a consideration is how will you reinvest/spend the proceeds from the sale to build wealth.Hope this helps.

I do want liquidity to invest elsewhere which is why I'd like the cash back from the reno ASAP, but I don't need liquidity equal to the value of the house--just the basement build-out, if possible.With option #3--how do you "cash out immediately"?

This thought led me into studying about becoming financially free and building generational wealth.

Hey Brian, Generally, a HML org will want to see some diligence around the contractor or get some idea of past work if you're doing the work yourself.

Seems like it'd be lower maintenance since it's a new build and in a nice area.

Get on a budget, build your emergency fund, pay off all debts, save up.