My mortgage is $1001, with another $550/m in trash, electric, salts/chlorine, internet, pest control and lawn.

Not only is it cheaper but with inflation and artificially suppressed interest rates the monthly payment is ~$600 less per month!. 

@Andrew Bravo no, I meant ongoing maintenance - for example, when you're not living there you can either pass the grounds costs (lawn, snow, etc.) on to the tenants or have them taken care of.  

The curtailing of rental property financing is not driven by market fears, it's driven by gov't policy.The gov't is keeping rates artificially low with the intent of helping average homeowners (the idea being that "average homeowner" takes his $500/mo mortgage savings and spends at least $450 of it each month on consumer junk, maybe a new car payment, maybe eating out, whatever, thus stimulating the economy).

Please, feel free to leave any advice or feedback in the comments.Purchase Info.3 bedroom/2(full)bathrooms; 1,216sqr feet$197,000 with a fixed 30 year, 3.5% rate and 20% DP$4,000 in closing costsIncome Breakdown: $2,250/month      Average of $750 per month per roomExpenses: $1,804, We cover ALL expenses plus extra amenities $167/month combined taxes & insurance$225/month with 5% repairs & 5% cap ex$225/month with 10% vacancy(to cover our higher turnover rate)$50/month wifi$100/month cleaning service$100/month lawn service$200/month utilities$19/month garbage and disposalDetails$445/month Cash Flow12.31% Coc Roi

I’m getting ready to start a certification program focused on data science. Anyone using those disciplines as part of your REI systems?

Our current landscaper is retiring and I am on the lookout for someone  looking to take over lawn mowing services. 

However, when renting it to the tenant you may have said or implied the house comes with a fenced lawn.

Assuming no major repairs come up, the $120/mo in CapEx would go toward this and we'd do it in a few years.Re: lawn care - this was such a helpful call out, thank you!

HI, i was wondering what should be the price to put soil to level out a front lawn and put seed for greass, in NJ.the lawn is approximately 15 by 15 ft.