Thank you for the response.

The tenant is given in the lease the responsibility in my leases to clean the exterior staircases and walks and maintain the lawn.The tenant is also given in the lease the responsibility to shovel the public sidewalk in front of the home from snow and the lease spells out that if it is not shoveled after a snowstorm and creates dangerous conditions, we will shovel it immediately and without notice.If the tenant does not maintain the lawn, we give notice and show up 24 hours later.

No HOA means you're responsible for interior and exterior.

And also tax deductible if it was used on business purposes, such as loan to your LLC for buying investment property, then the interest can be deducted against the rental income.

@Tarik Nabi I don't think you can take a position that getting rid of rodents is the tenant's responsibility. 

They are not cross collateralized, but I am securing the loans and hence responsible to pay back the loans should the LLC fail to pay.

This is for all you BP  fans out there is a property in Manchester Connecticut I'm interested in buying a possibly  for rental purposes.

Thank you all for your insightful responses!

Purchase price: $300,000 Cash invested: $15,000 Bought this house purposely close to a college and lived in one bedroom and house hacked the additional 4 rooms, Dropping my house expenses down to approx 200/month.

@Wayne Brooks Thank you for the response.