Boy, I could not agree more. I don't care if he's running stockers or a cow-calf operation, he's running a feed lot. With hay? And a profit sufficient to live on? His pencil isn't sharp or dull, it's broken! Better get your share of his money before it runs out...seems like he's going to hire everything done...hay transport, pond work...Sooooo much wrong with this picture. and you've got to watch it unfold. Get ready, you may be able to pick up his 100 acres in a couple of years. The cash flow required for fertilizer, pens, sheds, fencing, feed, equipment, vet bills, machinery, minerals, price fluctuations, fuel, interest, personal living expenses, etc. is totally not understood unless you've lived it. Yes, there are scenarios where it can work, but the assumptions and skill required are all in the realm of extreme improbability, particularly for a sustained multi-year operation.
I've got just over 200 acres and am down to 12 mother cows, 1 bull due to the drought. I may not be the best cowman in the world, but I still have some grass which will recover in about 4 years if it ever rains reasonably well.
Brandi, your new neighbor with the "cow operation" must have some gooood grass to consider stocking that many head, feeding hay ta boot and making a good profit!