Not to mention agent fees, staging, and short-term gains tax from the sale.

I know I can wait  a little longer.

Essentially taking out a second mortgage to pay for the property you mentioned.

I would move the goalposts from the one you mention, to simply pay off house —> use the equity to buy a rental house, use rents to pay down line, buy another rental with the line and use rents to pay down the line…rinse and repeat.  

For the reasons you mentioned, I don't think it's attractive for house hackers.

As mentioned make sure there’s a stopper installed.

Maybe there's some other PERSONAL needs that I'm not mentioning. 

Albertville - should be a reasonable cash flow play;  would not go there if appreciation is your goal.Muscle Shoals - no idea on the market there, sorry@Michael Ewers mentioned Hazel Green and Meridianville - they are growing areas, but I'd be VERY cautious with new construction, as I don't see those prices being sustainable there. 

Also they never mentioned their license.I've uncovered so many "good legitimate business" that's ending up investor losing money or being wiped out at the level ten deep dive due diligence, but this one is the most transparent scammer.

Hi Steven,As @Noah Corwick mentioned, using a PM would probably be the easiest way to go.