Given the potential for high returns, customizable involvement levels, and significant tax benefits, I believe this is a great investment opportunity, particularly in markets experiencing rapid growth.I've been keeping an eye on developments in Georgia, where builders are struggling to meet the surging demand driven by population increases in certain areas.

Hi Kelvin, not sure about TX but here in NJ prices are already too high and interest rates are pretty high.

Unless you are an experienced builder, securing a bank loan can be difficult, and hard money loans often have high interest rates, which can become costly if your project faces delays.

Definitely a beginner but have been doing as much research as possible.

I would say there should be a few options at that loan amount - the most common minimum for DSCR lenders right now probably more like $100k or $125k - I would say only a small portion have as high a min. as $150,000

Maybe I am misunderstanding or wrong in some way, but I would definitely reach out to your accountant, or a good one in the area as they can get a full overview of your situation and recommend based off what is required in Missouri. 

So, I thought I should sell, take the profits and put into high interest account, rent a room for myself for about $1100 per month with all utilities included and that way I can save additional funds for a year.

The materials cost sounds kind of high but the labor is not too crazy imo.

Which one rents out fast and is in high demand around the austin metropolitian area?

You can get into a DSCR program in the high 6s depending on the DSCR ratio, LTV, Loan Amount and credit.