Re: How much honey?
Spencer, if you do indeed get a honey harvest form a first year hive, any proceeds from selling that honey should be set aside to buy your second hive. Assuming your lone hive makes it thru the winter, you will come to realize that your chances of success increase greatly when you have at least two hives. You can borrow resources from a strong hive to diagnose and fix a problem hive. If you only have one hive, there are few options - except buy more bees - when you have a problem.
-- Victor Hugo -- "Common sense is in spite of, not the result of, education.”