150k is steep for land acquisition for a tear down unless you are at 750k and up or multiple units.

I am interested in living in the basement, and renting out the upper unit on Airbnb.

It has an upstairs balcony door to the outside, and could potentially be converted into two units.

My plan is to live in one of the units while renting out the others.

He's efficient and personable and is very able to assist you with questions if needed.Hope to discuss this with you further,

My next step is to open a company in the United States, most likely in the state of Nevada.

I am kind of nervous as a first-time homebuyer and first-time investor investing out of state and looking at markets across the country. I am currently looking at Memphis and Detroit. I am not sure. Any helpful tip or...

Is this a single-family home or a multi-unit? 

Managing units is work.  

Here are some financing options to consider:HELOC or Cash-Out Refi on Another Property – If you or your mom have equity elsewhere, this could be a more flexible and lower-interest option.Business Line of Credit – Since the property is in an LLC, you might qualify for a business LOC, which could cover construction costs.Private Money Lender – If you’re okay with 12-15% rates, a private lender could fund this as a short-term loan, especially if the guesthouse will generate strong income.Construction Loan – Some lenders offer short-term construction financing, which converts to a longer-term mortgage once completed.Seller/Partner Financing – Bringing in an investor or structuring a joint venture with someone willing to fund the build in exchange for a share of the income.Credit Card Stacking or Unsecured Business Loans – Riskier but could work if you need to bridge a gap until the unit starts cash flowing.Would love to hear more details—especially your timeline and expected rental income.