Kids? We are talking goats, right?
45 ponies under the hood and the loader bucket is all I have so far. It's obviously a used unit. The first time I need a backhoe I will jump off the bridge in deciding to buy or rent. Backhoes are not cheap as you know. I have the Zero turn to cut with for now. It's fast and does a good job. I may add a mower or bush hog as needed. As is it get me so I am able to jump on a bunch of projects. I have trees to cut, wood to move, and a lot of big rock to move around. Oh, I can't wait to turn the compost mountain.
New Holland is just a ways north of here so the factory and parts are close.
It gets delivered Tuesday.
The backhoe decision was made for me at the time I bought my tractor. The backhoe came as part of the package and has served me well for the building and drainage projects. But I as finish these projects by next Spring, I won't be using it very much.
I suspect my box scraper and front loader will get more use while managing the "processed hay" up in the pasture.
Buying vs renting really depends on what projects and how many projects you may be considering. I have very rocky soil, so I was forced to use a backhoe for trenching. If you have decent soil, and you're thinking of trenching projects with a backhoe, I'd recommend renting a trencher instead. It's much faster and easier with a trencher.