What are the watch outs or steps that you recommend?

I plan to use a HELOC but would be interested in the thoughts of others in BPs on this approach or recommendations if there are other ways to financing that I should consider.

Can anyone recommend an eviction attorney with reasonable rates? 

@Kristin Vegas NARPM standards highly recommend PMCs provide copies off ALL receipts to their clients.Going to guess your PMC is a one-man operation or close to it.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

Then, you could refinance into a conventional mortgage once the home is built.Would you like any recommendations for lenders open to working with owner-builders?

It can certainly be done, but I'd recommend having a solid contractor on your team and holding a fair amount in reserves. 

Either way I recommend listening to all the episodes of Glen Sutherland’s podcast “A Canadian investing in the US”Hey Zorya!

@Drake BackmanBigger Pockets is a great place to find a tax strategist specializing in real estate taxation.A good real estate tax strategist can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding a tax  strategist specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your tax strategist remotely to expand your options.I would also recommend looking for a tax strategist willing to work with you throughout the year.

I recommend targeting emerging neighborhoods with strong long-term growth potential, where property prices are still affordable but demand is on the rise.