Farming can be very rewarding from the personal enjoyment stand point butttt it can also become a burden real easy. If the firs is not burning as bright as it was then you maybe should think of changing gears.
One big thing your said that stuck out to be is the fact you have young children. Managing 20 rental properties and trying to farm would take the majority of your time. You kids will only be little once. I missed too much of my kids younger days. Then you talking about this other school district being a better place for your kids. Their education can only be done right ONCE!!!
So lets leave the "lifestyle" issue out of this for a moment. The rental properties will generate a better cash flow and profit over time than farming small time. There is not going to be much money in row crop farming the next few years. This is truthfully the norm. The high prices of the last 5-8 years is not the normal thing. So from the purely business stand point getting out of the farming HOBBY is a clear winner.
Now comes the hard one. Can you get enough personal satisfaction out of your other business to negate quitting farming??? This is the lifestyle part I am talking about. That is a question only your and your wife can answer.
From a business side and kids education side it is an easy decision. The real issue is are you ready for a different goal/lifestyle???
P.S. Just remember you can always farm later in life too. How many of the fellows on this very site farm a little after their kids are grown or they retire???
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Today's Featured Article - Sunday Drives - by Cowboy. Summer was finally upon us here in Northern Maine. We have two types of industry up here, one being "Forestry" (Wood Products) and the other "Farming" (Potatoes). There is no shortage of farm tractors and equipment around here! I have been restoring old Farm Tractors for the past 6 years, and have found it easier and less expensive to hit all the auctions and purchase whole tractors for parts needed. My wife who works at a local school, and only has weekends and summers off, while on t
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