Best thing to do is buy it as a primary or second home and then transition out into a rental. 

If you do decide to go that route, I would suggest using one of the Eagle Rock approved builders. 

Those would be the best place to start.

Why is this important?

Is my math wrong or is there another better way to do this?

Are you asking if you should quit college and go into real estate?

Obviously tough to give advice based on minimal info and no info on your personal situation.

We purchased 133.7 acres January 20th of 2024, we then proceeded to subdivide 4 building lots, ( two 10 acre lots,  and two 2 acre lots)  which included costs associated with septic testing,  survey & subdivision, and property maintenence required to market the building lots.

MACU and America First could be good places to call.

It doesn't hurt to go over the numbers with a lender though who could give a breakdown of what a closing might look like depending on your buy box.