Option to Purchase: - I would take on an equal partner if managing and hunting trophy deer interests you or you simply want to be a part of this each year. Looking at a piece of paper called a "401k" for 30 years just doesn't bring me enjoyment.
There is a 2014 log home/cabin that is rented year-round to good people who have no interest in moving and help keep the area free of poachers. There is also a 2015 smaller cabin for "hunters cabin" to stay in on 155+- acres and a 40X100 old barn for dry storage. The income on this property should be a consideration when calculating a mortgage payment (or I jokingly jab at my "responsible" friends that extra #'s on a 401k doesn't provide much enjoyment while it grows for 25 years + there will be a market crash before you get to cash in anyway...that way the super rich can skim off you and make even more money.
I enjoy managing the land for wildlife and talking to hunters who purchase hunts. Believe it or not, it's so much more fun than hunting! Sitting on a tractor, creating a food plot plan each year, fertilizing, keeping track of soil PH, looking at deer/turkey/coyote/ bobcat tracks, fill corn auto-feeders, putting out mineral sites, etc.
You can find Kentucky hunting land for sale, but not all land is created equally. Location. Location. Location as they say. Vehicular traffic, water/lake limitations, developments, nearby farms that will be turned into subdivisions, it all takes a toll on the deer herd. My area tends to be hilly, aka, 100's of years of non development with no future growth/urban sprawl on the horizon. Probably the real value is having good neighbors that are only interested in big bucks.
The military took my hair
Ownership Option: 50% for $300,000