I don't have to deal with anything if something breaks, I don't have to shovel snow, and if I ever want to move I can just pack up and move with a couple months notice.

One of the biggest is the ability to put ALL of the expenses on the tenant...all utilities, lawn care, snow removal.

Estimating snow removal at around $1500/year.

Few preferences that would bring joy to me are - a place that does not have much snow, if any; a place that is green with a lot of trees, and a place that has a large job market since I do want to continue my full time career for the next few years until I know how I fare in generating cash flow, and lastly would also prefer a city that has a diverse population.

Our older 4.7 V8 Sequoia's avg 16 mpg but they certainly paid for themselves & NEVER got stuck in snow etc.

The season for a business like this would probably be April to September, which is great for us since we don't like hanging around here when it snows anyway.

Disclosure: Dan and I both are brokers and work with the same brokerage, which does focus on investment... just saying :) You absolutely want to keep educating yourself on REI, so you'll know if someone is trying to snow you.

Did you include utilities into your calculation (water/sewer), lawn/snow removel, capX, and repairs into your rental budget? 

@Alayne Snow Welcome to BP!

You are also responsible for removing snow from driveways, walkways, etc.