The steps that have been outlined to protect the investment are only those which a prudent purchaser will insist upon before transfer of ownership takes place. Frequently a buyer becomes so enamored with a property that he hopes nothing will interfere with his acquisition of it, and he is apt to mentally minimize the possibilities of a cloud on the title or the exactness of the property lines. So many people have suffered serious losses from failure to look thoroughly before leaping that emphasis is given to these points as a means of securing ample protection for the buyer.

An Income from the Investment.—It is presumed that in most cases the owner of even a small tract expects to secure some financial returns from the land as a means of adding to his income. The plan that is proposed as a means of securing an income from the land should not be too complicated and should be of a type that can be carried on when the owner is necessarily engaged in other work. This, of course, may run the gamut from a small home garden to supply the vegetable needs of the household to the operation of a larger tract on a commercial basis. Furthermore, as we get into the commercial type of production, that may be planned as a means of materially supplementing an income or eventually supplying the entire family income.

Especial attention has been given in recent years to the use of poultry as a means of supplying an income to the family which is willing to use its own resources for taking care of the flock. Another means of securing an income is the growing of vegetables and the sale of these vegetables at a stand erected near the house for the convenience of the traveling public. Many who engage in vegetable growing or egg production on a relatively small scale will find an outlet for their products through associates in some other line of work, who will be glad to buy from their country friends on the basis of quality and freshness that may not be obtainable through their community stores.

It should be pointed out that where the area under cultivation is small, the production must be intensive. In other words, it would be uneconomic for the owner of a small tract to try to supplement his income through the growth of staple crops. He must specialize in some particular phase of agriculture, horticulture or animal industry that will bring the largest possible net returns per acre even though that implies a considerably larger labor cost per unit of operation than would be the case in the growing of the staple crops, such as the cereals. The successful production of vegetable crops or poultry products, for example, and their successful merchandizing, rest primarily on the interest and the adaptability of the individual.

Avoiding Causes of Failure.—To know what procedures to avoid is to be fortified against failure and to be prepared to take advantage of those constructive measures which are conducive to success. A recent survey has been made in an eastern state on the causes of failure in farming, frequently followed by necessitous abandonment of the farm and home. This survey shows that one of the principal causes of failure is the effort to manage a farm that is too large for the operator’s capacity; his inexperience and lack of knowledge constitute too great a handicap on a large acreage. Best results can be secured in farming only by seeding, cultivating and harvesting at the proper time in each case. To a greater extent than is usually realized, success depends upon good management, which means doing the things that need to be done at the right time.

If the farm is large there is a necessity for employing hired labor, and the costs of this labor, especially under inexperienced management, are likely to be out of line with the value of the products raised. In many instances the lack of technical experience can be corrected by dependence upon governmental agencies, such as experiment stations, county agricultural agents and departments of agriculture. These services are available to every farmer, in most cases without cost, and all that he needs is the will to avail himself of such expert help. In the cases of farms that have been abandoned, we find that the operators did not make contacts with dependable sources of information, an indication of the necessity of cooperating with the agricultural agencies or with experienced and successful neighboring farmers.

Still another cause of failure lies in the purchase of a farm at a price which requires the assumption of a mortgage which is too high in relation to the income from the farm. In short, an attempt to operate on an overcapitalized basis will, sooner or later, lead to disaster. Failure to locate on a productive type of soil may easily lead to loss of the investment. If the local conditions, including good roads, school advantages and a healthy community spirit, are lacking, there will develop a feeling of discouragement and mental dissatisfaction which destroys morale and creates the desire to get out from under at any cost.

The Stocked Farm.—The question is frequently raised as to whether a farm should be bought already stocked with work and domestic animals and with farm equipment or whether it should be stocked by the operator himself. This will depend, of course, upon the type of equipment which may be available in the individual case. Sometimes fairly good equipment will be sold with the farm as a means of facilitating a sale, but the value of each item should be determined by someone experienced in prices of such livestock or commodities as may be sold with the farm.

In many cases the buyer has loaded himself with animals or equipment that are ill adapted to the farm or that are of no particular value, and in struggling to get along with them he may seriously handicap the efficiency of his labors. In most cases it will be found a better practice to add stock and equipment as the need becomes definite and the finances of the operator make it possible for him to add them to the farm. In this way he will be fairly sure of acquiring only those items which will be of direct use and benefit to him and will avoid an accumulation of worn-out or antiquated articles which will not meet the requirements he must observe in selecting tools for his work.

Avoiding Fire Loss.—Possibility of loss by fire is an ever-present reality to the owner of a country place. There are two methods of preventing loss, and the observance of both will contribute to the peace of mind of the owner.