There are number of small and big investor whose managed to own a large number of properties.When letting a property either a house or land  most of the time they are in good condition i.e letting a house from land lord you have a condition for him to maintain before entrance  or every certain period  the same thing apply to piece of land for farming.It is easier way for avoiding an initial paper works that everything goes to land lord.Your job is to only finalize with landlord.