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?

You will truly be raising the clock, as each day will cost you very significant money.  12% interest on $250k is $2500/mo, or about $80 per day in interest, not including your other carrying costs (utilities, property taxes, insurance, HOA). 

Yes, our local agent was Olga NarvaezRonival Luxury Homes52 477 350 6941

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

We currently have 23 single-family homes in the KC metro (120 bedrooms) utilizing this model and while its never boring - I really enjoy it and it's definitely a favorite way to invest in real estate to date.Have a few tips and tricks we've learned - send me a message if you have any questions.

Lender that can help me utilize HELOC to get me started and then help me grow my portfolio through BRRRR in PNW. 3.

There are no utilities in place, no septic tank and no well. 

While the 3-month mortgage deferral sure helps now, I still have to pay utilities, taxes, insurance and maintenance on my house. 

Like you said in your post, "Buying and holding is a long term strategy...............focus on the end goal"The second reason for trying to get good deals is that if you can get a 10-20% built in equity off the bat, it has the advantage of:- taking a big part of the risk factor off the table- built in equity that can be utilized as required- better cash flowThere are a lot of people on BPs that say that "money is made on the front end in RE".

Plus for its high cash flow potential, utilizing a 1031 exchange to reinvest gains effectively made this experiment a relatively low risk for me.