> land is a pretty negligible cost. Where for me rent is around 25% of revenue and would be more like 35% if I had to rent the acres I own. If you have the cap

> land is a pretty negligible cost. Where for me rent is around 25% of revenue and would be more like 35% if I had to rent the acres I own. If you have the capital to buy your land, that's 35% of revenue you can realize as profit right there. The problem for the average Joe without capital is that if you are trying to rent or pay a mortgage, the profit diminishes very quickly. That is why it is pretty much impossible for regular people to enter the industry. > A $100k annual profit is good for a $1M investment, but crappy for a $10M investment. The growth in value of the business is most important, really. A $100k annual profit on a $10M investment is pretty good if the $10M investment is also worth $50M a decade later. That's what farmers bank on. Cashflow is necessary to keep things solvent, but not really why you're there. It is no doubt one of those things that seems unsustainable, and funny things can indeed happy, but every decade I look back I kick myself for not investing more. At the end of the day it's pretty fun, though, so it's worth taking some risks just for the value of the enjoyment.