Here in NYC where I am, they collect regular garbage twice a week.

There is a lot of garbage out there in the real estate education world.

I'd double check on the property taxes as well.In addition to the mortgage (and taxes), you have insurance, utilities (water if often tied to the home, so if the tenant doesn't pay, you are on the hook), garbage. 

Garbage man .. you’ll spend a good deal of your time picking up other people’s crap if you do this long enough