Something like a live in flip/fixer to eventually become your next STR.

I initially resided on the property as a tenant myself.Prior to the current tenant moving in, all tenants were aware that I was getting married and would eventually move out of the property on Nov 18th, 2024, with the expectation of moving out of state by the end of December.It was understood that I would continue to utilize the garage and one room for storage as I transitioned to living out of state.All tenants were also aware that I would continue to access the property during this transition period.The tenant in question moved in Nov 1st, 2024.

I will be converting it into a 8 bed 3 bath property.

Most people are poor and can’t both develop the land and convert to buying the land from the government.  

Starting to consider whether to convert one of my LTRs to an STR.

We created it about three years ago in order to help us convert a mobile home park that we own in the center of Florence, Arizona into a tiny house village.

Social media (or a secondary website, like a blog, or any other personal website that provides value) serves as a nurturing media, where prospects can learn more about you.I have developed the 3 pillars of conversion.A strategy that turns conversions into a 100% reliable mathematical equation.The 3 pillars are:CompetencePersonalityCredibility.For a prospect to convert into a lead, 1) they need to be the right audience (it doesn't matter how much Ketchup you put on a baby-cow burger, you won't be able to sell to a vegan.

As a rental, tenants will likely prioritize the location over minor inconveniences.Your strategy of betting on appreciation and eventually pulling equity makes a lot of sense in this market.

This decision was not made lightly and comes after thorough deliberation and analysis of our current financial position.This requires us to exercise our right to convert your Note and issue equity (aka membership interests) in Norada.

But if the lease terms are murky, if renewal conditions aren’t guarenteed, or if the airport authority could dramatically shift the deal down the line, then you should be asking for a discount..or at least some protective clauses in the contract.I’m curious... if you were to step into this kind of leasehold now, how do you think you’d explain the upside to your future buyers or partners when you eventually decide to exit?