Purchase price: $110,000 Cash invested: $30,000 Hobby Farm On 10 acres2300 sq ft house with 8 out buildings - Large Barn, Animal/hog barn, Mid-size machine shed (2) 25' x 35' / 30' x 50', Large Machine shed 60' x 60', Grainery barn, Entertainment Barn, 3 car garage What made you interested in investing in this type of deal?

Figuring out the true cost will heavily depend on the type of dig down, depth, and total square footage. 

There is a significant price decrease in the price per watt overall with electric heat.2nd would be to check the type of baseboard heat.

Instead of losing 55k they will probably only end up losing $25,000 - $30,000 What made you interested in investing in this type of deal?

I would be shocked if your tenant tried to move with an increase of 100 bucks or less, due to the fact of limited supply for similar size and type for under 1100 a month. 

(I assume you won’t find a 1 hour a day type person.

My wife and I moved to main house and rent the guest house as STR What made you interested in investing in this type of deal?

This type of asset would provide much less of a headache than what you're currently experiencing with your rental property and provides diversification across assets.Would be happy to talk through more if you have questions!

JakeIt depends on the lender and type of loan.

What made you interested in investing in this type of deal?