We have been contacted by a developer who has our properties under contract.

Is it worth it to have my contracts drawn up, or at least reviewed by a Real Estate Attorney.

Southern border of the land is Wilson Creek (a large, well established, full time creek with old growth trees)Approx 1 acre of non-recoverable flood zone along length of creekTwo small ponds on the property, which can be filled in to utilizeSmall neighborhood to East of property line with utilities ready and available for project Currently a couple of older homes and barn structures on property (100% liveable and well maintained)Wilmeth Rd is currently expanding down the block to a 4 lane road which connects to Highway 75 in McKinneyLarge developments are underway within a 1/2 mile to 3 miles out radius<4 miles to Costco, ChickFilA, WholeFoods, Cinemark, major hospitalAT&T Fiber and Atmos Gas at front of propertyA water well can be run, if desired, or tap into the city's water (currently on city water and has large main at front of property)A CE firm has drawn up plans for a small, 12 home, 3/4 acres development.

Never trust that someone who doesn't keep a promise on paying their lease contract will also keep their word on leaving.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

Key words or demographics I should focus on.3) when a property is under contract (especially if it isn't local) what services or practices are used to get pictures for marketing, showing the property, inspections, etc?

I only have two units under their contract as I self manage those and use latchel as my emergency call service.

In Upstate NY we are held hostage by our electric and gas company so you never know if you will get a $120 electric/gas bill or a $3,000 bill.

Next you want to form an LLC that will serve as the management company for your LLC and perform duties including rent collections and sign all contracts on behalf of the business.

Since you aren't looking until next year, you wont' be able to get a rate quote now, most likely not until you are under contract and they can lock that in.