I would rather have an "Equity" partner that puts up the cash, than to "Bet the Farm" on a deal...

I am very sure that the same program applies to both wooded and field (ie. it is not a save-the-spotted-owl program or don't-farm-for-cash program, but is for limiting development of any kind on any land.)

Bottom line, look at a lot of properties and develop your own sense for prices in your farm area.Jon

The world is our boys, just farm it smart".

Wholesalers typically wholesale the type of properties that their farm area dictates right?

I loosely considered this option too, when state farm jacked my rates up by 50% when I filed no claims and no other clear cause for it.

What have you done in the past or plan to do in relation to this?

Nathan,I usually end up somewhere in the middle - between appraisedvalue and replacement value - my company (State Farm) lets me do that.

You should definitely outsource the negotiating (not only to reduce the time, but because they should know how to work the loss mitigation dept for a better discount).Also, always try for an anti-deficiency letter for the seller.Personally, I would find an expert who does SS & farm the lead to them for a cut.Jay von Mohr

Offers a ceiling fan or dishwasher, for a slightly higher rent and gets it some of the time...On the insurance front, some firms, like the snake oil salesmen at State Farm, will refuse to do anything other than replacement coverage, as it pays them more.