In the current environment, houses are flying off the shelves, so to speak.  

I found it to be too much risk for the investor, given the low cap rate environment that we're in (given that if cap rates float up, the asset values will obviously drop). 

My dad talked me into it.. got my license at 18  took me a few months to close my first deals but once I did and made 600 dollar commission for what I figured was one days work.. in a 1.65 minimum wage environment..

From your description, the property is not the intensely downtown environs of NY, NY, or San F., nor is it the intensely rural environs of a Po Folks, Alabama.Whatever you find out and then plan to do, be sure that it encourages an intentional neighborhood-building - not the unexpected descent into 'hood degeneration.  

This farm being in a rural area most people find hunting and fishing to be primary past times.

Their posts are full of inaccuracies designed to hook "fish" into BS debates.

It all depends on the lending environment and what your local lender can offer.

It's a fun environment.

We live in a city environment where the demand is very high for our unit.

"While you're waiting for the whale, I rather catch the little fish and be eating plenty