doenst sound like a good deal to me. If it was so easy to bring in over 1000 a month why arent they doing it ? Sounds really fishy. Plus having to pay rent on the facility to run as a business, (which in itself is going to have alot more fees) then have someone else make all your rules also sounds fishy.
Does the access to the facility and grounds mean exclusive access ? What about the pasture ? Do you have exclusive use of enough pasture for 11 horses ? Or are suddenly their clients horses going to take priority over yours ?
I wouldnt get into that deal unless there was specific sections of pasture and training areas I had exclusive use of. I also wouldnt agree to anyone setting my fees. You don't list where you live but for 1000 a month you can buy a really nice place that would be all yours. I don't see where yo live but take a piece of land I recently looked at.
It was 25 acres that bordered a national park with 12 miles of riding trails, there was flowing water on sight and it was 45K, 50 K will build you a nice barn, fencing and clear some pasture, and withtodays interest rates your end up with about a $700 a month mortgage.