Assuming the tenant is going to be handling the upkeep of the yard, then it may just attract "different tenants" than a house with a big yard might.

What were the expectations of cash flow - $45 may not be the end all but if your numbers relative to the upkeep and purchase are affected, then $45 may make a difference.

So, let me just state this generally ...You might be a bit pressed to find a single investment property which will net you $1,000+ a month after expenses and debt service, if I understand your post.Remember also that you will be paying taxes, insurance and upkeep on the home you acquire from your family member.

I work at a demanding job so I manage it but only when it comes to doing the marketing for vacancies/leases/ and turnover upkeep and it works great for me that way.

Based on operations the past few years this is probably a touch high on average, but certainly not out of line.Regarding landscaping, of course the consequences of inadequate upkeep are a bit less severe than they are for snow removal.

While you own a redeemable property you are still responsible for upkeep.

Accounting..Cost of repairs, upkeep on the rental is rental expense, including 1/2 of property taxes, property insurance, yard maintenance, trash removal, vendor services, ect. any related expense to that unit or 1/2 portion of the duplex is expense, 1/2 half of mortgage costs. and if shared utilities 1/2 of the utilities. 

If a property gets multiple offers and they know you the broker and you closed before and the process was smooth the owner or listing broker remembers that and it carries a bunch of weight. 

Think about how firm you want the mattress to be and which mattresses will hold up to heavy weight guests.

Concerned about ongoing upkeep and insurance costs?