.: I'm probably the only one on Bigger Pockets on a Saturday night, but was reading Avery Carl's "Short Term Rental, Long Term Wealth" and my mind is churning as usual.

Seeking insight from the community on converting a STR (primarily Airbnb) to long-term rental.

. - Last as long as I have the cash to hit my goal and I am comfortable with how much money we would need to stick into the deal we purchase it. 

I'm looking at purchasing a motel that was converted to 10 long term rentals.

To answer your question, you can use AirDNA or another short-term-rental income analyzing website or software.

Hey Laura,So I can't help with the true GAP funding, but I might have some ideas on how I could help utilizing the seller financing and transitioning it to something long term. 

Instead of keeping them, I'd look to sell them and buy something more suitable as a long term rental.If you want to know why I have such a strong opinion on this, just google the following: - HOA Special Assessment - Florida Condos 2024 - search for news on the new laws - Zombie Condos

Thanks for sharing your thoughts.Are there any pockets in GTA or Niagara region where you are seeing value with high potential for long term appreciation? 

Are you looking to flip or for long term?

It’s fascinating how land can offer such diverse strategies—from flipping parcels quickly to holding for years and letting appreciation do the work.How do you assess a piece of land’s long-term potential?