Farmland is valuable, but buying it is tricky for fund investors

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Annie McCauley and her husband, Kirk, teamed up with close friends to buy a farm in Uniontown, Ohio, just down the road from their house. McCauley is a financial adviser with the Sequoia Financial Group in Akron, Ohio. She initially saw the purchase as an investment and assumed the land would be rented to a local farmer. But McCauley, a business owner whose family has an Ohio dairy farm, wanted to operate it.