Farmland is not very liquid. At best, I have maybe 25 years left--how many good years, no clue.
I have the opportunity to buy my late FIL's farm, in a nice place, in a nice state. DW has advised me, NO WAY.
Here are a few things I have learned:
1. There is a lot of abuse of eminent domain. We have been forced on three different occasions by court order to permit easements across our property. These easements have been to private concerns, not for roads, schools, etc. as eminent domain was intended.
This is true of her family farm as well. Beware.