If your really needed it one could also consider hard money though that will come with higher rates and getting someone to give you 300k first time might be harder than just getting loan then you could refinance it later.Since your a high net worth person I would also try talking to local/regional and even big bank lenders.

Have been house hunting for awhile for a primary home or multiple, I am now considering building new rather than buying old ones with high maintenance cost.

No state taxes, high appreciation, Economic and Job growth, Population growth, etc. 

They don't require employment verification, income or tax returns.

Returning, recommendations, Street presence, etc. to where it feeds itself. 

Quote from @Stuart Udis: @Danielle B What data are you relying on that suggests Section 8 leased properties provide for better returns than other investment strategies?

I think a return on invested equity analysis outlining a few scenarios with my models would answer your questions. 

We’re interested in investing in another property in the area, but the prices are quite high.

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I always recommend to make even a little passive income from a rental after all your expenses, lets be honest you put a lot of effort into this rehab so you should reap a little return.