I love Orwell because of the people that live here, not so much because of the snow like everyone else!

At that price, this properly could easily be in the red if you factor in all the expenses (Property management, insurance, taxes, repair reserves, capital expenditures, lawn care/snow removal).

The tenant agreed to maintain the lawn and take of snow removal in snow season for $100 a month.

Each of these properties have onsite property management that includes lawn, snow removal, tenant screaning, vacancy filling rent collection and maintenance for a monthly fee of $300 per structure. 

@Pavel UshakovI'd echo Pavel- the market is dead with no appreciation and no one from California would want to visit in the winter when heating pipes break, you have to shovel snow covered sidewalks, people move out and you have vacancies in the winter ect. ect. ect.

For example, for him to be paid through December, he still owes $40, or $465 (low rent because he gets a credit for handling lawn/snow for the Triplex) if he wants to be paid up through January.   

I still work for a company located in Rochester and send my colleagues beach pictures when they get a foot of snow.

A decade from now, the portfolio generates $2,000 a year, or $500 an hour for your 4 hours of annual effort.Let's say you want to bring your children into your real estate business and they are too young to negotiate contracts, but are willing to shovel snow, mow lawns, and walk dogs.

I understand experienced investors often take on much bigger rehabs but this project has been a trial by fire for me.We managed to complete most of the exterior work before the snow set in.

Cutting the grass, shoveling the snow, shouldn't be your problem, nor should it be the tenants problem.