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Updated about 3 years ago, 11/03/2021
Short term rental community development
Hello BP!
New day, new question. I’ve reviewed the top hits for this subject and didn’t come up with anything in the past few years, so wanted to revive and see if anyone has had recent success or is currently developing a short term rental community.
We have found a few pieces of land that may lend themselves nicely for this type of development. A nice mix of glamping sites and permanent structures well spaced over ~100 acres. Each unit self sustained.
I understand the overall red tape challenges (starting to dig at the local and state levels to better understand the nuisance of the codes), my question really is modeling the cost model and projecting returns so I can develop investment material to find funding.
Appreciate any feedback y’all have!!
jon