We all value having our time to spend with people we love and on things that we find meaningful, and having prestige and autonomy.

Odds are, this decision will have a marginal impact at most on your ability to build meaningful (six figure, then seven figure) wealth over the next 5-10 years.

I dont know how many time I get a completely different tone of voice, willingness to help, and a meaningful effort of finding a solution that works once city officials find out I'm an architect and not just another random investor, local home owner or a GC. 

I look forward to meeting new people and making meaningful connections along the way.

Lol you think any bank is going to lend to someone with no experience, no money, & probably no meaningful net worth on a larger commercial deal?  

Obviously, not all cycles are the same, but oil could recover in a meaningful way.The Sierra Nevada had a good snow pack this year so local ag will have surface water for the first time in years.  

That is definitely meaningful and not immaterial

What sparked my motivation was the idea of being able to quit my day job and pursue a more meaningful life!

I’d probably move there myself if I could get everyone uprooted.If your friend is buying at $100K to get $1,000 in rents, from one of the many large turnkey operators that are selling to AUS citizens, then I’d pass, as they’ve already extracted most of the value from the deal.

(Yes I know, you asked "how").There's too many unknowns for me to give a much more meaningful answer.Have you checked nearby sold comparables?