I'd say its not as simple as driving around but not as complicated as needing a professional to tell you.

Chris Mason Your idea, though clever, is too complicated.

As for the addendums go I feel these two addendums just complicate things and thought of removing them entirely. 

I know it's complicated, but I just really am looking for help and direction with this property.  

I got quickbooks once and it was so complicated and cumbersome that I gave up trying to use it.

And you don't have Schedule C to deduct the business expense.This might have changed if your RE portfolio was run like a business and/or you have a partnership; the partnership would then deduct the travel expense as an ordinary business expense.As I said, it gets complicated quickly.

It actually doesn't have to be overly complicated.

Land leases often complicate financing, limiting your buyer pool, especially if lease terms are unfavorable or the remaining lease duration is short.

That just adds a level of complexity to everything.I think there is so much opportunity in the US, that why would you try to complicate everything x10, but investing in someplace like Spain. 

In most cases, neither is warranted.Warning: I am not an attorney, and this can be a complicated topic.