Anonymous wrote:19:26 again - You also need to factor equipment costs into your budget, so add 50k but expect to spend 100k on a tractor, mower, and implements needed to care for a property like this. Start-up costs for this type of property are huge. So many people don't think about the hidden costs before they jump in feet first, and that's not even considering the entire "I want horses" factor - usually said by people who have a romantic fantasy of horses that is not grounded in reality or real world experience - and one-hour-a-week lessons do not count as experience. Vet, farrier, feed bills, tack, repairs, fencing, manure removal/management, they are constant and need to be part of your monthly budget, especially if you're on a property that does not grow its own hay.
I’d factor in hiring someone. I doubt OP wants to be constantly tending to her new property