To keep things simple, I'm not accounting for the cost of capital (that is very personal and varies for everyone) and I'm not considering other exit strategies.

I am building personal residence on the one 22 acre parcel and farming the 70 acre parcel.

I also agree with him that your Property Manager is the most important person on your team. 

I’m seriously considering hiring a different agent and would appreciate your opinions/personal experience on whether I should be looking for another agent or be patient.

Executive Summary Current and Past Financials Market & Property LOCATION/ECONOMYJOBS RENTS & VACANCIESUNITS Value-Add Business PlanTeam In Place Exit Strategies Personal financials Personal biographies / resumes

what it sounds like you are asking is illegal in many ways, section 8 laws, local laws, duel contract laws that conflict, there always has been also those out there looking to catch you breaking them,  avoid it, dont offer it, dont entertain it, there is leeway up if the tenant meets certain conditions, say need 1 floor rental, if not rent may be inflated over realistic market, which is what rented at not listed at, keeping in mind sec 8 market rents also include utilities paid, you can usually reach by email fastest, they have set chart, heat type, neighborhood etc, more than listings found online

So, you need to decide what type of personal risk you are willing to take.

The person who bought it used VA financing.

so you promise to pay him in 4 months and then “keep it as a rental” how does he get his promised money? 

Offering more than investments will keep your investors happy.