Hi @Matthew Cook,This sounds like an interesting opportunity. 

I’m exploring the idea of turning it into a furnished long-term rental to hold onto it, generate income, and possibly return to STR when things settle down.However, I’m new to the furnished LTR space and would love advice!

You'll get better answers and less generic advice with a question like that. 

Discussing these points can help you make a sound decision.I agree wit @Noah Corwick that permitting and construction cost make this a tough option.  

Readers should seek professional advice.

Any advice helps. 

Please try not to confuse two totally different aspects of investing when giving advice.

You have received a lot of advice here already. 

I'm a rookie in whole selling , I only have the knowledge that social media has and I think I understand how it works but have no idea of where to start or how its pretty frustrating not being able to provide for my family the way I want to and I could really use some advice or maybe tutoring in this subject, I just turned 20 and I want to have a good life in this economy I could really use any advice thank you so much.

Yup, nothing sounds odd with that at all.