Because the school districts, currently have not been able to be properly funded by the state, the powers that be in Austin have decided to pass that difference to the home owners.  

With that being said, knowledge is power and the more info you get the better. 

This is probably the most important item I've added to my original lease.It's been my experience that the lease is the most powerful management tool a landlord has and I'm looking for additional suggestions so that I can add to it. 

You can also secure a very genrous HELOC for more investing power.

The executor of the will can be given the power to liquidate the real assets of the property with Letters of Testamentary.

Tell him you need someone with a power of attorney to act on his behalf if he's incapacitated.

It is along a dirt road about 1.7 miles from a paved road and power lines.Is it plausible to have a road paved, power, utilities, sewer etc, brought through to the property so that houses can be placed there?

Such a powerful draw. 

However, if you can make it work for you and pursue it like an adventure (cue the BP podcast with Jocko Willink) then more power to you!

One of the most basic, albeit powerful, calculations I see is occupancy rate... but I don't understand how to calculate it.