I have a lot of respect for your words because you often times speak harshly, but also take the time to explain why.

@Brent Coombs thanks yeah if they don't want to make repairs or drop price I intend on walking away but since this is my first deal wanted to ask because my wife tells me I can be a little harsh most the time lol.

Penalties can be harsh. 

Labeling them freaks is a bit harsh but no.

Sounds harsh but once a tenant has been trained it’s ok to be late your in for a world of hurt.

And then I would not make the rental agreement more harsh. 

If you know the area and expect to live there, I would strongly urge you to explore your local markets where the rents will be much higher, the tenant profile similar and will not have harsh winter weather beating your investments (roofs, furnaces, etc. are very expensive to replace).   

@Ray Harrell That's harsh if your doing better accounting work then your PM. 

Sounds harsh but turn the tables- will your mortgage company give you a pass if the mortgage doesn’t get paid?

If you get harsh winters and it will.