I certainly understand your point, but considering that we pay around $350usd per month for the land, it works out just fine to rent, at least for us. I also don't have the expense of maintaining the land, as the owner takes care of this. But also keep in mind that doing it the way that you mention requires a hefty investment in land, horses, gear, etc. Not to mention the time it will take to develop that customer base, and in the meantime paying employees to maintain the property, etc, while probably doing very few tours.
So again, I think you can see the value in buying something that has a proven track record and is turn-key. But, as with anything else, "there's more than one way to skin a cat", and I suppose your way could eventually work as well.
So again, I think you can see the value in buying something that has a proven track record and is turn-key. But, as with anything else, "there's more than one way to skin a cat", and I suppose your way could eventually work as well.