This strategy can help offset your housing costs while you build equity in the property.

Sell your current home and build on the land?

Any opinions on best construction financing right now ? I’m a builder/developer I’m central Texas. 

Investing is a great way to build on generational wealth, you will be required to take risks.

The location of the lender doesn't necessarily impact your chances of getting a mortgage or the efficiency of the process however, local lenders have a better understanding of the local real estate market and regulations as they are more familiar with appraisers and other closing professionals in the area which can expedite the process and you will get a more personal touch and easier communication.

If your goal is to flip and you get good at marketing, you may end up with a wholesaling business, but I wouldn't try to build a wholesaling business.

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

It tracks all maintenance requests well and you can make notes, add pictures, videos and communicate directly with the tenant in the maintenance request.

My 3-5-year goal is to build the portfolio using LTR purchases to grow some cash flow and equity, ideally purchasing multi-family units in tandem with SFHs.

I am, but for some reason I see the potential as this property comes with grants and is a historic building with permits allowing for multi-units.