Try and get some equity and then figure out funding options for property #2 (which I definitely want to do).I question why you are looking at this property at all.

Turning your Florida home into a short-term rental could give you steady cash flow and help fund the builds.

I received my desired density and $1.3M in imputed equity that recently allowed me to finance the construction at 87% LTC through a bank.

The cash I make from this is going to fund the first of many house hacks, BRRRs, mid-term rentals, and whatever other markets I find myself in.

Many nationwide lenders can fund deals regardless of location and often have competitive terms.

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?

However, I'm not sure how to do that with limited funds saved up. 

These big-ticket items will still need replacement eventually, and having a reserve fund helps avoid financial surprises.

I can expand it if i desire, but it minimizes the size of the post.

In addition to direct real estate, I invest fairly heavily in index funds.