Utilities weren’t quite there yet, and Jeff almost walked away.

I have a lender who could walk you through this type of scenario to help you make your decision.

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?

He walked away from his business letting his best friend take it over.  

I golf, play a lot of softball, run most days, walk my dogs, do some real estate projects.... stuff like that. 

Inspector, never, my guys walk it.

@Alex SilangFirst I assume it’s a month to month lease as you cannot raise it if it’s a long term leaseFor me that is not something I would do, If you want to raise it to market rent then do it, don’t adjust rent because you had an unexpected cost.What if they turn around and walk?

It also has a nice loft with ceiling that's high enough that you don't have to hunch over to walk around.

I bought my first property in North Jersey at the peak of the 2006 market - came to the closing with no money and walked away with $10,000, still own the home to this day - and it's still possible do near this today - so, it can be done with $50K or less (doesn't mean you should do it that way...) 

Great location, 5-10 mins walk to many restaurants, shops and light rail station.