I'm not jealous ,but 27,000$ to lease land that is not yours at the end of the day is pure stupidity. Yes it won't pay a mortgage on 1500 acres , but it damn sure will on a smaller tract of land a year.
27000 won’t pay the mortgage on 200 acres. 200 acres at 2500/acre for 20 yrs at 6% gives you a mortgage payment of $41,000 a year. Then figure in your cost for timber and road upkeep, prop taxes, etc.
