It is nice to have all the lawn and snow taking care of but i feel the prices are a little high. 2.

The sewer line runs out of my unit, under the lawn and driveway of the other unit (owned by another landlord), and into the sewer tap under the street.

Tenant is responsible for watering the lawn per city code/HOA code.

You'll have to use the numbers that work with your strategy and lifestyle.Be sure to account for the following expenses in your calculations:Vacancy (10% of gross rent)Management (10%)Maintenance (10%)CapEx (generally 7-10%)ElectricOil/GasWater/SewerTrash RemovalSnow Removal/Lawn CareLegal FeesTo find deals that make the numbers work, you may have to explore outside of your immediate area to a 1-2 hour radius.  

Lawn care if not factored into maint. 

The cap rate in the listing and marketing material was based on rental income that was artificially inflated.  

I can probably get $1100-$1200 per month on a new similar sized rental, drop the insurance costs in more than half, and get rid of pool and lawn care.

He told me that he travels to and from the property just to mow the lawn as a form of exercise and apparently wants to dictate the terms of the negotiation.

These artificially low rates, all they've achieved, is building another bubble in many U.S.

So you wonder if these guys are artificially pushing the market up and later if they decide maybe they paid too much if there will be a rebalance of values.