There is no market supporting data, no pro forma to base those profit numbers on and you have the cart before the horse (see real world assessment below).

It will be a great place to raise our kids and the property is beautiful, dozens of mature trees, a creek, room for horses, etc...

So again, please get off your high horse on those assumptions, thanks:)

Many people lose money on their first few deals, which is okay as long as you get back on the horse to keep going! 

Learn everything you can, implement, and once you close out a year where over half of the business was 100% self-sourced by yourself, at that point worry about 45% this or 70% that.Right now, with zero closed transactions, you're putting the cart before the horse. 100% of 0 closed transactions is.... $0.00. 

Account Closed Your putting the cart before the horse.

Hi my name is Ramon, I live in the Miami area, I just got started in Real estate investing after taking the longest way to wealth and living my dreams; I guess you can say I was putting the cart in front of the horse.

Without beating this dead horse, most investors starting out, being young, just haven't been exposed to business, other than being a consumer, they haven't been on the other side of conducting a formal business operation.

I didn't get the total lot size but I think it has a little land because it does have a barn on the property and horses, I think.

Horse hockey!