Text is not legal communication for proper notice regarding rentals.It's a good way to remind people. might work out for late rent reminders for you.. but if it get's beyond that.. paper trail.. and emails.. don't count either.. 

If there is any, it will often trail the inflation rate....and they often can be depreciating assets.You want to look at if there is a history of the land lease being extended when the lease is nearing it's end. 

Ideally they should be able to provide you with either trailing 12 months or trailing 24 months worth of financials so that you can see that the cap rate is reasonable/ accurate and that they have a consistent tenant base.

There are an unlimited supply of trails to hike and several rivers to kayak. 

At that time the development was half way done, and because there aren’t too many new constructions around, it seemed that the price is justified, considering amenities (pool, secluded community, running trails,etc) and quality of construction.

At that time the development was half way done, and because there aren’t too many new constructions around, it seemed that the price is justified, considering amenities (pool, secluded community, running trails,etc) and quality of construction.

I would avoid East Fort Worth and areas around Las Vegas trail in west Fort Worth. 

I'd think about the paper trail if you choose to defraud. 

Freedom Trail Realty School.

Ask for the trailing 12months P&L, and you can derive NOI from there  (Net income-operating expenses).