I do land acq. and construction loans everyday so if you have any q's when you get close to breaking-ground, let me know! 

Here’s why this can be a great option:You can lock in a lower interest rate on the HELOC since it's based on a primary residence rather than an investment property.You keep your existing home, allowing it to appreciate while your tenants cover the mortgage.You now have two properties working for you—one generating rental income and another as your new primary or next investment.For analyzing rental cash flow, some key numbers to look at include:Expected Rent – Research what similar properties in your area are renting for.Mortgage & HELOC Payment – If you use a HELOC, factor in the monthly cost.Operating Expenses – Taxes, insurance, maintenance, potential property management.Cash Flow – What’s left after expenses and mortgage payments.If you do decide to sell instead, you can also use that equity strategically—whether for a strong down payment on a multi-unit, house hack, or another single-family rental.On the networking side, attorneys and other key professionals can be tough to find in everyday settings, but real estate investor meetups, Facebook groups, and local REI events are gold mines for connecting with them.

At your age building a nice cash basis is a great idea. 

. - tax benefits, can 1031 exchange (kick the capital gains tax can down the road for years until you die)- generational wealth and step up basis (if you die, the value of the property is stepped up to current market value for your heirs.

One thing is for certain:  The basis in 2025 or 2026 will be a better starting point than 2022.  

There seems to be a new one coming out every day & I am skeptical of a lot of the creators. 

I have seen the same as i drive to Hesston daily and see the opportunities around us everyday let alone in derby.

Upon sale, gains are taxed as long-term capital gains, calculated as the sale proceeds minus your adjusted basis (initial investment reduced by any return of capital).

Most folks I speak with seem to want this exact ideal in a vacation - it seems many of us are trying to escape the hustle and bustle, reconnect with nature, and decompress from every day life.

Even though, real estate investments are not uniform in different markets and asset classes, just on the 16-17 year cycle basis and if you primarily rely on appreciation, this may be the perfect time to buy!