I don't think of myself an expert but I have done enough to know basic strategies.

Do you still see the traditional house hacking strategy working in the DFW area even with higher rates?

I do have a follow up question, would we not save on taxes by doing a BRRR strategy vs buy and hold ?

This is a difficult and aggressive strategy, and it means you'll spend much more time upfront finding the deal; this goes without mentioning the risk of doing this while managing a family life and a busy job.First step is understanding if that cash-out refi is even an option. 

If anyone has good reference material to use for learning how to invest using different strategies, that would be great.

@Sara HabtomJ Scott's book pair about flipping and estimating flips was pretty comprehensive and no upselling.Amanda Han's two books on tax strategies were also pretty good starters. 

Your exit strategies could vary from doing a lease option, selling sub-2 and still maybe getting your equity paid over time or cash out and 1031 into a property closer to where you are going..maybe buy a multi family and hosue hack it...Let me know if you'd like to discuss further, Best of Luck!

I'm considering a new build STR, seeking opinions on this strategy in current market and with my numbers attached (3 scenarios).

Any other strategy would you recommend on that budget. 

No two homes are the same and there are strategies for househacking with roommates.