The loan will be based on your personal ability to foot the mortgage.

It takes a moment to get your footing as you realize you don't have someone breathing down your neck.

For pine and other woods, a couple dozen trees isn’t worth it to a logger.Exactly Wayne.. small plots of land do not have commercial timber value especially Hardwoods.. to the OP  how big is the parcel that will tell a lot.But generally speaking if its PINE in your area.. you need trees that you cannot put your arms around at breast height.. thats known as DBH and when you look up the tree is slick for the first 40 foot log.. and then you want to have another 40 and a top..

Our plan is to rent out our first home.I think I may have shot myself in the foot by not refinancing with a cash-out on my first house before closing on the second. 

I need to have chosen and ordered furniture /washer dryer before even setting foot in the home after closing day to get the ball rolling on photos for listing the home.

Really can be $0.75 to $4/foot

If you're footing the bill, you'll save money each month and money and time on repairs moving forward. 

If you wanna grab coffee and chat real estate, I'm always up for helping novices get their foot in the door.

However, there are quite a few major differences this time. 1) A robust forbearance program - And the concern is what happens after forbearance? 

Here is the situation: 1. 3k sq foot house on 1 acre - fully paid off / low-value estimate is 212k / needs prob 30-40k to make it super nice to AirBnb or probably around 15-20 to get it ready to rent. 2. 1k sq foot house on 1 acre - mortgage remaining is around 80k and could easily sell as-is for 120-140 without it being an AirBnb which would bring more $ - currently, cash flows around 1500 a month 3. 1600 sq foot house on 1 acre - This was my dad's house and he passed away Jan 1.