But this is how I approach planning at the highest level.

I plan to use a refinance on my current cabin to fund the downpayment on the next property.

I have put together budgets and started a business plan.

." - Without any numbers for these strategies it's just an idea, not a plan.

Planning on 25% down.

Plans, permits also as they can take some time, I am unsure of how long in Hot Springs. 

This experience highlighted the importance of thorough initial assessments and flexibility in budgeting, reinforcing the need for strategic planning and adaptability in real estate investments.

First off, hard to say about going nightly rate as it depends on what you plan to do with the property i.e. are you renovating then renting, just furnishing, planning on renting for only 7 nights minimum, etc.

Are you planning on pursuing any in the near future here in GA?

Seeing the situation, is my plan the best way to move foreward or does anyone have a better way?