As mentioned, its a JV project with the owner vending in his equity.

The reality I ran into was that a rural homestead, assuming you're not living like the Amish, depends on tools and equipment, and equipment breaks down, and you can't grow equipment parts in the garden. 

I dislike banks as we purchase a ton of equipment and my credit is constantly getting checked and I am interested in information regarding hard money lending as an alternative.I would greatly appreciate any feedback from anyone that has experience with hard money lending.Best Regards,Scott Bares DDS

I say this because: 1)If you dollar cost average and buy property both when the market is up and when it’s down you reduce your overall volatility/ the swings in prices of properties that you purchase2)You will continue to gain experience and be more equipped to handle more upcoming deals3)You are making $300 per month cashflow (I think this is probably the most important).

Driveways, fences, lighting, security systems, hvac, furnishings, office equipment, shelving, equipment, etc.  

The cleaning service I hired also provided the cleaning materials and equipment.

End of the day, we don't know what we don't know and it is really up to us to equip ourselves with knowledge (and a downpayment!)

@John Whittle I don't know much about HVAC, but the property is already equipped with baseboard heat.  

I've seen businesses crippled because a big storm came in and serious equipment was needed.  

Like @Charlie Cameron alluded to, some of the best equipped properties come at high HOA expenses.As an example, if I bought a condo for $350K, I would want the condo to generate $42,000 for it to be considered (1% of purchase price times 12 months).