And give you more money to invest!! 

I hear of all these great profits that are being made investing in real estate that has a major “business” component, like small assisted living properties; rooming houses; sober living arrangements, etc.  

I understand that this is just a part of STR investing.

A couple of my investors are looking to invest in this particular market and just looking to get an idea of the average price per acre for large rural farmland properties.

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

Initial Investment: I have an available capital of $80,000.

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

A follow up question:Is it true that if Monthly rent is >= 1% of purchase price should be considered as a good investment and which does not meet this should not be considered for good investment?

I understand the unique accounting needs of real estate businesses and can help you track all your financials effectively.I am familiar with the best practices for classifying flips in QBO, whether they should be treated as short-term or long-term investments.