My plan with this property is to grow Horse hay and raise bees to make income as well as turn the barn into a duplex.

Would you bet everything on a horse that has never run a race let alone win one?

You're looking at the back end of the horse before you come around to the front.   

Much like a horse and a mule, IMO, it's more to the intent in creating a financing arrangement of a consumer transaction.

Am I just putting the cart before the horse?

Not sure if I am beating a dead horse here but I will shoot from the hip anyway as I couldn't answer my question by reading other discussions...2 part question.What is the best way to structure a private loan for a flip-and-hold strategy?

As I know many horse people in town for sales shows and business...

@Randy Friedland  I suspect most folks after its all said and done with a few hundred K to invest would probably have a better day if they just hooked up with a really good local HML.. get your 10 to 12% consistently and be diligent on collateral value and borrower..Not to beat a dead horse but I made a living in the late 90S to 2007. ( one of my divisions) all we did was foreclosure rescue..

At the risk of beating a dead horse, I will add my two cents...Great conversation but a couple points still need clarification. 

I am also an avid horse (and horse racing) aficionado and currently work for a regulatory body in my country.