Ag loans have ridiculouly low interest rates and there is the added advantage that you can make money off the land as opposed to the house. Given that I have access to all of the equipment that I can use in exchange for my labor, i'll have the ability to make money. More importantly i'll have a way to depreciate a new truck and I'll have the ability to write off other expenses. I'll also be able to take a loss on paper every year to reduce my taxes paid out of my normal paycheck. I don't understand it all, but my dad does and he'll walk me through it all. I should be able to pull down about 30k profit each year from this after taxes.
And Brent, no obama money. Loans will cover all but 5%, and I have access to that much if I want it.