When looking to purchace land, how many acres do we want and what is max price?

I recommend using www.realtor.com. You can search for land larger than 10 acres by price within whatever area you choose. But always get in touch with a local agent. There are many more parcels on the MLS than what you'll see online. Maybe double, maybe more than double.

I was thinking if this is just the first one, and we will be doing more, it wouldn't need to be huge. For 12 people 5 acres is lots I think, that's 2.4 acres per person, that's far to much for a house, so that would leave tons of space for other things. I think If we build something to big it would be just a waste of money and land. Money we could have spent on something else and land that likely will not be used.

Hmm, maybe, I'm living on 40 acres atm, and surrounded by forrestry, there are 8 people living on the land easily and could support probably 40, still easily, but it's fertile ground with lots of water and trees. I would rather have 1 acre per person to be sure. For a max price, maybe $1500 per person, with a max of $300 down. Better would probably be $500 per person with $100 down, but you gotta figure that if you only 35 miles from a major city, you're gonna be saving huge money in rent or house payments, $500 is like 1 months rent for some people, nothing.

http://www.landwatch.com/default.aspx?ct=r&type=5,31;13,12;268,6843&r.PSIZ=5%2c12&sort=SZ_D

So in that price range we are looking for something less than 18000, there are a few on here. I also sent an email out asking about it.

I got a reply to the email, he has a 10-12 acre parcel for $4000
http://www.wegolook.com/ReportView.aspx?ID=b7cf6cc4-79bc-40f5-ba48-596c45eacf00
so split between 12 people that's $333.33 each, that's same price per acre too. Which is pretty good I think. He also has other land that keeps coming in, if we want him to keep us informed.