My suggestion is read up more about BRRRR before you think too much more.

If anyone can suggest some help I would greatly appreciate it.

Based on my extensive research, the data suggests the following success and failure rates nationwide:Success Rate: 70-80% for experienced investors, 50-60% for beginners.Failure Rate: 20-30% overall, with 10-15% leading to significant losses.I’m eager to hear insights from any BP members who would like to share their thoughts.

My suggestion is to continue being active on BP, get out to some networking events and seminars and also educate yourself through books and podcasts. 

And if bridge loans is the best for this strategy, what tips would you guys suggest when using it. 

Can you suggest an insurance company and contacts for our rental houses?

Here's an article with additional FAQs on cost segregation studies that you may find helpful and should answer some of your questions above. 

@Michael Baum Thank you everyone for the suggestions/opinions.

And I would suggest that links and QR codes may be helpful to some guests but a certain number won’t use that type of technology so I’d include hard copies of menus.

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?