Well Armistead the next project looks very interesting. You know what they say, fun is where you find it.
I did this once. Bought a hundred year old farm house, very cheap and gutted it to the frame. The results were very nice and it was our home for twenty years. Got a good price for it when we sold. We moved to be close to our Daughter and Grandson. One thing I said though was I would never do that again. If you have the skills and time the results can be very satisfying. I worked in construction so the know how was no problem but it was a lot of work for one guy. There were times when I thought I would never get it done.
Keep us posted and the best of luck. And the eight acres part sounds really nice.