If you need help with anything feel free to reach out to me in a private message! 

And it may be worth it if paying off the other loan frees up significant cash flow in reduced mortgage payment.2.

A REIT fund would not offer you tax free returns.   

@Tim Porsche- give me a shout when you're free.

I'm local in Grand Rapids as well so feel free to shoot me any questions you might have and I'll help you any way I can.

My parents offered let me have a room at their house to keep my things and to stay at when I'm in town for free.

If you are not already working with a Qualified Intermediary on this, I'd be happy to give you a free consult to walk you through the details of your case. 

It appears quickbooks and a separate loan manager application or rent manager have the “lender” feature I am looking for.

The builder will need to be approved by the Bank/Lender or the bank/lender can provide you an already approved builder they have used before in that County.Once the builder is approved the Bank/Lender will have a initial meeting and set up an agreed upon draw phase based on the work that will be completed in phases.Best thing to do is have a conversation with a seasoned Banker or Loan officer to start an application and set up step by step plan.Feel free to reach out if you have any questions I am always happy to help and talk REI.

Most of the time, you are better off selling the home and getting the proceeds tax free and using that to buy a rental.