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?

And I would find a decent job to utilize to help get traditional lending with.

The menu offers Cuban favorites like tamales, empanadas, yucca fries, ceviche, and traditional entrees like mojo pork and whole fried snapper, with prices ranging from $12 to $95.

I hear you, I think the price of turn key STRs are almost impossible to make money on in the traditional markets. 

It’s like giving the home a sense of place..a nod to local design traditions while still making it feel fresh.

They provide flexibility and efficiency, especially for experienced investors.How have you found the terms and structure compared to traditional options?

Unlike traditional banks, which focus heavily on personal credit and income, portfolio lenders prioritize the cash flow of your property.

I already have one traditional LTR with a traditionally-qualified tenant.

The mortgage company gets paid off first, then in a traditional sale, the rest minus agent fees and utilities and closing costs goes to the seller.

The builder usually has some type of warrenty other than that closing is pretty traditional which would have been similar to your first house.