My husband and I recently bought an older homestead although it was previously just a house with a big yard. We’ve rented the property back to the people we bought it from and my husband had a knee replacement this week (and second one in December) so now is the time to plan the homestead for functionality and to incorporate the elements we want.
The property is slightly over an acre with an interstate bordering the west side (tree line buffer), the north and east of the property is farmer field (corn this year, soy beans next year) and the road front to the south. The property is basically rectangle with a slight trapezoid shape to the north (barely noticeable).
Other than the house, it has a stand alone garage and an old metal shed (tear down). We intend to put a fairly large pole barn on the northeast corner. While there are some fruit trees and flowering shrubs, they are not productive and have had little care and maintenance over the years (poor neglected things).
I should mention this property was basically an impulse buy — it’s located across the road from my brothers in law 12 acre homestead (combined as there are two brothers two homes two pole barns and other structures on their property .
What pitfalls will we encounter? What overarching principles should we follow? How should we proceed?
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