I’ve already spent months working on a budget, searching the big box stores websites, online auction sites, etc. and have a pretty good idea of what my materials cost should be.

I will set up on this site and check it daily.

This is really how the fashionable 1% lived in Pittsburgh's glory years, above both the world most technologically advanced steelmill down by the river and fifteen streets of squalid tenements for the workers marching up Homestead's hill from the train tracks.The trim of this duplex is all quartersawn shellacked white oak, plain foursquare work, obviously all shaped on-site by a master trim carpenter and his apprentices.

Here's an interesting article that states that just because Fed rates increase, mortgage rates will follow: https://www.forbes.com/sites/johnwake/2018/06/15/t...

I'm looking to get to know some other investors and professionals on the forums and learn some new tricks in the rental game.

Yes, for your scenario all of the half section and the house on site and all outbuildings could be exchanged in a 1031 for any other type of investment real estate.

Looking forward to interacting on the site! 

There is some good info on this site about a series LLC, but a quick google search will explain the basic premise.

I attended my very first REIA meeting in NWI (Northwest Indiana) last night, and it was a game changer. 

Site size, view, amenities, outbuildings, finishes, etc. are ignored completely... and these matter.