I’m exploring the idea of turning it into a furnished long-term rental to hold onto it, generate income, and possibly return to STR when things settle down.However, I’m new to the furnished LTR space and would love advice!

Now I'm not gonna be Mr Tour-guide for any/all who want to stop out and just look around but if you go through the steps and are serious, we have built out acquisition strategy HECK-YEAH I'm gonna say come-on-out and we'd carve out some time to do market tours together AND I'd equip you to do some self study/exploration. 

I am exploring this option now and just learned about it. 

I met with Equity Trust at BPCON2024 and have been exploring this option myself as well! 

These methods include: Detailed Engineering Cost ApproachDetailed Engineering Cost Estimate ApproachSurvey or Letter ApproachResidual Estimation ApproachSampling or Modeling ApproachExperience or “Rule of Thumb” ApproachIt’s important to understand the differences between the approaches including which one best fits your property and the reliability of each approach.DETAILED ENGINEERING COST APPROACHThis approach compiles the costs from construction and accounting reports to build a report.

With markets adapting to changing economic conditions, now is the time to explore innovative investment strategies.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

I’m considering consulting an attorney to explore my options, but my budget is limited.

It's not a strategy I am willing to explore.

No legal jargon or last-minute surprises.Smaller credit unions are also worth exploring.