Utilized a Solo401k to purchase our first few properties.

@Jason Tucker  you need to add in your utilities, common area cleaning, and turnover costs to determine if it makes sense. 

By leveraging real estate in areas with lower entry points and higher returns, you can grow your wealth more effectively without the heavy financial burden of a luxury home.

In total, I won't be able to rent out my unit when I need to and I won't be able to sell unless I take on a heavy loss.

If not, you will have to utilize hard money which will drastically increase holding costs.

Keep in mind, traffic in Louisville can be quite heavy.

It will show the rent amounts, who pays utilities and expenses they know annually.

-As far as trying to sell land with no access, sometimes I've sold those to neighbors who want to increase their acreage, or utility companies, cities or other public entities who could use the piece for whatever reason.

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?

Other than outstanding taxes, and utilities, I don't need to worry about anything else.