You have $80K in your savings account, and you decide you want to invest in real estate.Knowing what you know now, what would you do with your 80K?   

The numbers are tough and it's hard to account for all unforseen expenses.

I have a Bachelors of Arts in legal studies from CWU.

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?

I created an account and listing on Furnished Finder but not getting many leads.

Study the market.

You should be within $50- $100 of market rents for long-term tenants with taking into account the condition of the property.

I am in the process of studying for my licensing exam in the state of Tennessee and plan to work in the Chattanooga area upon completion of the test (which will be quite soon).

As an example, average year-over-year appreciation in Denver and Colorado Springs where we own properties is between 4-6% over the last 40 years (even accounting for two big dips).

The 1% rule doesn't matter as much if you have a 5-10 year investing horizon because it does not take into account appreciation or other benefits of holding (tax benefits, etc.)The 1% rule stops a lot of folks from getting started.