I guess they have more land to build there so it might reduce the appreciation there?

Each property should be evaluated based on its characteristics and overall quality as an investment.

What are other high net worth individuals paying in broker commissions these days, for high value properties?  

@Robert BriggsSince a cash-out refi and HELOC aren’t viable options in Texas, and personal loans have high interest rates, consider a few alternatives.

Some of the materials we choose and asked him to pick up (such as flooring) he replaced with low quality materials, I assume to keep more of our money for himself. 

Even if these relationships don't go anywhere, you'll get a lot from just having a couple of calls.Next I would try to find some local investment groups/communities and try to chat with as many investors as you can to get an idea how other's started out in your market.

Benefiting from a high sale price in a desirable area.Cons of Selling: No further long-term appreciation or rental income potential from the property.

We certainly have found some deals that would reduce our living expenses compared to renting.

If funding is the priority, using a HELOC while keeping the property in your name offers flexibility.This post does not create a CPA-Client relationship.

I spoke with a mortgage "quality auditor" recently who said he knocked on 600 doors last month.