I purchased quite a bit of International Paper Co pine stands in No Alabama in 2006. Great property that had been intensely managed for pine for decades. Thought I’d be able to make a decent income growing timber and possibly build a couple of sub-divisions. Boy was I wrong. . Of course IP shut down their HUGE paper mill in Courtland and 2008 happened. We’ve had to be creative and do lots of multi use management activities just to scratch some income from property. Now timber sales are about 1/3 of our income and we make up for it with farming and hunting. All 3 operations bleed red every year. Best way to make a small fortune.....