15 acres and a day job? RENT, RENT RENT!!!!!!!!! I don't see how you could ever pencil out a business case to work for 15 acres and the new equipment you are thinking about. Compact diesel tractor - yes, excavator - no way.
I speak from experience as the other posters do.
Get a new excavator = (rent) in there or contract someone to do the pipe. Then take your free time and money saved to putt around with the tractor/equipment you want to play with/restore.
I sold my excavator and backhoe. I now rent a 5 ton excavator 1 weekend maybe 2 a year. That rent is cheaper than the maintenance on the diggers.
As for the russian olives, rent a dozer w/a root rake. We don't see to much of those only in the southern part of Michigan.
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