When their lease is up I would incorporate an automatic yearly rent increase, say maybe 5%.

You will also have to get a licensed surveyor to do some elevation checks for you to prove to the Building Department that you are truly above the flood zone and have incorporated the Freeboard.

I for instance have never owned a business, but I only just incorporated my real estate business last December from that point till date I have been taking my time studying the business.

Most leases have provisions stating the tenant is responsible for costs associated with prosecuting a breach of lease, re-letting, and collections, as well as physical damages to the property.

Pay specific attention to the neighborhoods and not just the homes yourself.If possible, it's very helpful to physically visit the market yourself and meet with the people you will be working with + view some of their properties.

My interest from this point forward is to sell my last physical asset that I have in Pearland TX and focus more on my fund where I buy / sell (Non Performing Notes) in bulk for my company as well as for my participating client base.

Depending on your lease agreement and rent deposits, those funds may not be used for holding expenses, only rents and physical damages, depends on how the agreement was written. 

I didn't see it till I physically went into "mentions" to track down an old post to come up with more questions to ask the listing agent.

@Caleb Rigby  you always want to physically inspect what you buy..so this is a good outcome good luck

I thought at the least I could physically confirm the address that was given to me.