@Curt Davis we have bad winters here in the snow belt of western New York.

By the time we got a hold of him and he suspected that the sewage line to the street is crushed ( which happens to be a state highway) it is already March and snow on the grown.

Here are some examples of other expenses:Small MF: Energy costs (specially heating in Quebec can be costly), landscaping, snow removal, property management, capEx (major repairs, such as roof, windows, etc.). 

I do hate HOAs but also like the idea of not dealing with the little things (mowing the grass, snow shoveling, etc.).

Pm sends this: We had a very heavy wet spring snow.

. :) Also can get really jacked up with the heavy ice and snow here. 

And with the pending snow and approaching cold front , I wouldnt want my roof put on in 0 degree weather .  

The annual expenses (sewer clean out, garbage, water, repairs and maintenance, landscape/snow removal, property taxes, property insurance, management fee, 5% market vacancy plus $2,000 in reserves) come to $16,020.

The only maintenance will be some snow removal and possibly some mowing, (literally about five minutes worth) which.

I would encourage you to take a careful look at your operating expenses (which normally eat up around 50% of your rental income) and make sure you aren't leaving anything out:Property TaxesHomeowners InsuranceLiability Insurance (landlords often need a separate umbrella policy)Management FeesUtilitiesLandscaping/Snow Removal (depending on where you are of course)RepairsReserves for CapexVacancyAnd then take a careful look at your debt service payments (if any) and understand exactly what you'll be paying.