REITs like Realty Income can definitely be a great hands-off option for steady income without the headaches of property management.That said, owning physical real estate has unique benefits like leverage, tax advantages, and control over your asset.

Without fully signing up I can't tell if they have just a few or a lot of properties listed.The concept is definitely interesting, and could work but if the number is properties is high.

Definitely online via property management software!

Google is definitely strict about virtual addresses, so I’d tread carefully with services like iPostal1.

Paola, it sounds like you've done a great job building equity in the property, and the renovations have definitely paid off!

I would definitely ask your accountant before making any changes or opening an LLC.

For your scenario, I would definitely look at your home purchase as an investment.

My vision includes developing the land into a destination with features like driveways, walking paths, utilities, and unique lodging structures.Here’s my tentative plan1.Place the existing STR in an LLC2.Apply for an SBA small business loan to fund the next steps, including a feasibility study (~$10k+), land clearing, and infrastructure development.While this direction excites me, I’m torn between pursuing this venture and continuing with a more traditional approach—buying one home per year using conventional loans.I’d love to hear your thoughts:•Has anyone transitioned from STRs to glamping or similar ventures?

I’ve definitely been stuck in analysis paralysis, now I feel I really need to make up my mind and target purchasing my first OOS property in the next few months.

While traditional loans might be tough with current interest rates and no W2s, there are definitely creative financing options and strategies to consider.One possibility is exploring seller financing.