Before too long you'll have a basic, well-rounded education on the main forms of REI, at which point you can start to analyze deals.

Are you going to be cow calf( year round) or buying grass cattle or custom grazing for others.

His father (who regularly invests w/ him) is putting in $70k and so he's asking me (and others) for $30k-$100k to round it all out. 

The Smoky Mountain National Park is the most visited park in the US, and I'm booked basically year-round (it slows down in Jan-Feb but I'm at least breaking even those months).  

I am open to SFH, Multi, STR, MTR or long term rental.Areas interested - Austin, Round Rock, Cedar Park, Leander.

I might round it to 14% for this property.

But you're right, not sure I would want to endure the weather there year round. 

It's a garage and you are using one side so there shouldn't be much maintenance but, lets just round it off to $1,300/year.

I don't know how big of a lawn it has but, I'd probably factor $100/mo. year round for lawn and snow removal $1,200/year - you'd have a better idea of what it might be, by calling around. 

@Dek Bake You must have majored in Drama  (True Thespian)“How about a round of applause”...Mr Bake, You were so belivable when YOU told me (long before all the docs, escrow etc) that “I don’t want to keep your money...