Hi @Megan Greathouse I've analyzed a handful of Missouri farm properties over the years with my brother in law who grew up on a farm in NE Missouri and currently rents his farm land. 

Cliff,  This is not how you analyze an investment opportunity, you need the following:1) Purchase: $575,0002) Total Annual Operating Income: $43,000 (1,200x3x12) 3) Total Annual Operating Expense:    a) % Vacancy:   b) RE Taxes Property:    c) Hazard/Insurance:   d) Repairs & Maintenance:   e) CapEx:   f) Utilities-other:   g) HOA:4) Actual Capitalization Rate:5) Loan Information   a) Down Payment: $0   b) Loan Amount: $575,000   c) Acquisition Costs and Loan Fees Rehab Funds:   d) Length of Mortgage (years):   e) Annual Interest Rate: 6) KPI's:   a) DSCR:   b) 1% rule:   c) 50% rule:   d) Cashflow (before taxes):   e) ROI:    Plug it in I'll do analysis for you.

Keep listening to the podcasts, check out the MLS to just analyze properties in your area, read some of the books offered here on BP, and I would also suggest surrounding yourself with like minded individuals.  

Really learned a lot about analyzing properties AFTER this process.

Really learned a lot about analyzing properties AFTER this process.

Can I what brought you the attention of this property and also how did you go about with analyzing?

Also start analyzing deals, Zillow Redfin, and many others are great resources.

Hosts brought with them cleaning services, interior designers and property-maintenance workers who helped build miniature property empires—so their plight has ripple effects that go far beyond their own listings.Airbnb hosts saw $1.5 billion in bookings vanish in mid-March as the travel industry froze, according to market-research firm AirDNA LLC, which analyzes bookings.

Suggest you plug these numbers into a rental property deal analyzer under  BP tools.you get 5 free to demo. these are very helpful in getting you to look at the other costs...

So, I read everyday, analyze a deal everyday.