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I have been saving for a while and working long hours. I have saved up about 50k. I own a condo, I'm 26 with no kids or wife... No one to spend money on =) With interest rates being so great, I have been thinking about buying a disstressed home and fixing it up, using it as a rental. However, I worked with an older man over the summer, this man got me thinking about investing in farm land. He was a farmer and he told me some of the benifits of owning farm land (buy the land, lease it to a local farmer). I have a pretty good understanding of the real estate market, I'm also a handy man. This is why a rental appealed to me. Farm land also sounds like a good idea.... No renters, late night calls to come fix things or, even worse, a renter that destroys the rental. But, I am not a farmer, not by a long shot.Anyway, there has got to be other people out there in a simular situation, but maybe you have a differant idea where i should invest or, maybe you can open my eyes to another investment oppertunity??I would be more than happy to anwser your questions too if you have any questions about the two investments i mentioned above.Thanks
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