Also, have a policy that is reasonable to be able to move the car or have them move the car for snow removal.  

Recently, we had a large snowfall (10”) and when I went to clear our part of the alleyway, our neighbor’s snow removal provider plowed all of their snow onto our parking spots.

I don't like snow white cabinets.

It is funny because on BP we try to describe how the Bay Area is pretty different compared to other markets (I can only imagine dealing with a M2M in sub zero weather and snow during the harsh winters in Wisconsin).The issue you can run into for the M2M is that less tenants might be interested (more might be as well, just depends).

That would be 3 total properties (plus my personal residence) where I cut the grass, shovel the snow, conduct maintenance, and collect the rent.  

Though the tenants are paying their own heat and lights, you will still have a house electrical meter for common areas, expenses for groundskeeping (snow removal, lawn care), water and sewer, garbage collection, janitorial, pest control, administration/accounting/advertising, etc.  

They are in there 80's now.

Best, F Yes, indeed, some similarities, like you hear alot about passive income streams here, passive this and that, but I am going to shovel snow today, so there is nothing passive about real estate for me (as a hands on DIY lanldord, but I suppose some do farm out all management).

Landlording can be a unique challenge sometimes (like 6 inches of snow in one day this week; or last year a large bear tossed a full dumpster into a ditch (hint -- just tow it out with a yellow tow strap, 4 x4 as a ramp and pull with a truck or jeep). 

Our lakes are spring and Snow melt fed..