Never having seen it nor knowing where you are, hard to critique. Plan sounds good without knowing details. There are tree planting cost-share programs for shortleaf pine (north AL) and longleaf (south/east AL) as well as a "low density" loblolly program that assist with paying for replanting. If it is loggable in winter, you should be able to get fair prices for it. PM me if you want my number - it is what we do.