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

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 potential to both diversify broadly and own "hands-off" institutional real estate can be very powerful, and many of our investors have done just that. 

That’s a very loaded question, as it’s highly specific to your situation.

The interest rate you were quoted is not high.  

This Mountain Modern condominium has high-end finishes in kitchen and bathrooms including heated floors and custom built-ins in the living room.

Why not just go to a bank or private lender rather than play with that very high interest money?

It works the same but that does not mean as a renter the landlord could have the property 100% powered with solar and still charge you.

Look at Houston communities that have high rental demand, reputable schools, low crime rates, and enticing amenities.

There is a high demand for rentals and not nearly enough inventory.