To avoid the high tax bill on a flip property a lot of our clients will buy rehab and then rent. 

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

One route you can go is get high level familiarity with what you want.

At this point the value of the house is still increasing but not at the same rate as the previous years for a number of obvious reasons (high Interest rates,  age of house, etc.) and at this point I'm not sure what my next move should be since I don't like having all that equity tied up in the property and borrowing against it (HELOC) doesn't seem like a good idea since banks seem to be charging even higher than "normal" interest rates because the house is not my primary residenceIt's been almost 2 yrs since a I moved out of the house and I know my time is running out before we'll have to pay capital gains on the property if we chose to sell it [unless I do a 1031 exchange of course] but wondering what other options I might consider.

Anyone knows good inspector in Dallas/ McKinney area who can inspect land and advise. looking forward your feedback and highly Appreciate all your guidance.

Prices are very high and cash flow is hard to come by in our area.

I realize some people on here may disagree with me but I feel like it is extremely important to build a solid financial base through Index ETFs and savings in high yield savings account.

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

While finding a HYSA and checking account from the same bank with high interest might be challenging, you could consider options like using different institutions or exploring online banks.

Exciting perhaps, but high volume, low margin contracts.