Looks like a young group of professionals with not enough experience, navigating through various market cycles to produce an accurate  business case.  

I am in the begining stages of producing a conce0t drawing for the rental property.

I do not have my numbers as well organized as @Greg Scott but my estimate is upper 20% annual return on average.The 3 i am currently invested in, one seems likely to produce an outstanding return (High risk, high reward), one is conservative and is performing to projections, and one i have significant concerns about but has not had a capital call.  

in a few short years 1 property has produced over a $1/2 million in equity, thousands in cash flow, was leverage to buy another property which does the same and leverage to buy a small cash flowing business. 

Same logic applies here as it does to your previous experience, there's just simply an added layer of the income produced by the property. 

Real estate investments (STRs, MTRs, live in flips) have produced my best returns by a good margin.

I self-manage and produce $700 in pure cash flow each month.Lessons learned?

When the money dries up, they'll leave just as quickly as they arrived and you may be stuck with a real mess.If it can produce more money as a short-term rental, do it yourself.

lol, no bro, the best deals do not come from wholesalers.

Adding amenities like power, water, and a barn or pavilion could increase its value as an event space.Farm-to-Table Experiences: If agriculture is possible, create an on-site farm-to-table business where people can visit, harvest, and eat fresh produce.