Due to high capital requirements, high management costs, and (nominally) "low annual yield" (unadjusted for systematic risk), Ranch Investor seeks to democratize passive ranchland-investing through tech-enabled syndication. 

Cash-flow has been nominal, a whopping whole $200/$300 mnth.

If I could have started out with B class properties I probably would have.Oh, and to answer your original question, on 20k properties bought in cash the closing costs are nominal, maybe $400.

The difference in rate is nominal and actually, the difference in fees is also over time.If as you say, "you don't like the 5/20", I think you answered the question already.

If for instance a CPA is dealing with lower net worth clients then yes there is a possibility that the taxes they pay for not doing a 1031 exchange are more nominal compared to what they make for incomes etc.

No min credit score? 

Create a management company that manages each of the rentals for a nominal fee, converting a portion of passive income to active, to be allowed then go to Roth retirement. 

Low interest rates are a mirage that everything was going well when it was all nominal gains.

Of course this varies between markets, but overall wages are stagnant nominally, and some could argue they are negative when adjusted for inflation.  

My personal opinion is to be a little conservative on the money side of it and creative in other ways where the risk are nominal (like what was discussed above by me and others).