Nevada has relatively high sales and use tax but the gaming industry produce a lot of the revenue as well helping to keep property taxes low.  

Which is great from my perspective, but worries me that it is going too high too fast.

I built a pretty solid relationship with them so I suppose thats why they're offering so high for me.

I just got served a small claims suit because a guest thought our pet fees were too high :D

many HML will call themselves private money lenders to give the illusion of cheaper rates and easier terms.Private money is just that individuals with funds to invest that are Private they dont hold themselves out as in the business of lending.normally this would be friends family or other high net individuals you may already know who want to do deals with you.

Is not it prudent to pay by all cash to avoid high interest rate at this time?

However, I'd advise steering clear of Harris County, particularly in Houston, due to the excessively high taxes.

Any advice or responses are much appreciated.On a new build, I’d highly recommend using a gc, too many moving parts (literally) to keep track of, & if you screw something up, it could be a massive disaster. 

The interest rate you were quoted is not high.  

I like to do Options with smaller dollars to get high yields with low risk.Example.