Would you get extra insurance to cover expensive planes, or make sure airtight lease requires renter to insure their stuffWould you provide snow removal on something like this?  

Greg,I don't see trash and waste removal, snow removal (assuming it snows where you are if this is in PA), and lawn care.

We also figure for snow load too which I bet you don't have to worry about in the desert :).

You can always ask the tenants what they pay in rent and utilities and make sure the numbers match up.For me the 50% rule is accurate.  10% management fee, 5% expenses, 5% vacancy rate, 10% maintenance, 5% capital expenses, 15% taxes, HOA, water bill, garbage removal, snow removal, attorney fee, etc!

It worked for houses when mortgage rates were low, as we have low property taxes and low insurance and tenants pay all utilities and take care of the yards and snow removal.   

(Worry #6, anyone who actually visited the property would see neatly trimmed grass and plants, snow was shoveled, trash can has recent trash, there are cars with clean windows and obviously used regularly, there are cats in the windows, lights are on, looking through a window shows furniture, etc.

The tenant is responsible for all snow, ice, and debris removal from rear door exit to rear porch, rear porch steps, and rear sidewalk abutting steps.

Are you doing anything for them like lawn or snow that they can take on for this cost decrease? 

It could be Florida for example and if you want to build it in Colorado....I doubt they took into consideration the kind of snow loads required in CO.

Considering our market if snow birds and retirement groups do you believe that changes the way you view the market?