Investing in real estate, particularly through avenues like foreclosures and tax sales, indeed requires a solid understanding of multiple aspects, including legal considerations.

The Phila.gov website says this is needed to get your wholesaler license:InsuranceYou must provide a Certificate of Insurance that includes the minimum amount:General Liability Insurance: $1,000,000 per occurrence

You must give notice before entering, but you do not require permission.Any time I expect a response from someone, I include a deadline for their response and a consequence if they fail.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

Sorry for the long post but wanted to include all details possible.

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?

But that has its own issues as well including having to do a hybrid foreclosure/ejectment action. 

Strategies include offering owner financing, allowing trade-ins, or providing lease options.

Please include this subject line " (your name/date/subject)" and I'll respond directly to it.

It's based on the purchase price and will not include any improvements, reno, or increase in value since the purchase.