I make sure to check all smoke detectors, sinks, toilets, electric, etc.

Imagine these scenarios...If there is a fire, smoke damage, water leak, toilet over flow, burglary, etc and the tenant's property is damaged - do you want them looking for you to pay for their stuff?

It has gotten to the point now any time there is a fix I have to step in and send my own handyman or contractor.As an example,  when they first rented out on of the places they sent their vendor for a leaking toilet.

If a toilet is running but not running over, I figure they should be able to wiggle the handle. 

Go ahead and buy anyway and say "I told you so" when it all pans out?!

If you signed a lease that told you that you are responsible for repairs if damage occurs, then you landlord may have a case for the toilet repair. 

To me personally 1% rule is not worth getting out of bed for and your not even getting that so I’m not sure how this will pan out .

For example, you buy a plot of commercial land and then rent it to Walgreen's, Walgreen's would pay to build their store, they then pay you monthly for the property and they also pay for all other expenses.Check out BiggerPockets Podcast 047: Apartment Complexes, NNN Leases, and Commercial Real Estate with Joel Owens - https://www.biggerpockets.com/renewsblog/2013/12/0...Also a good blog post: Triple Net Lease Investing (NNN): The “No Toilet” Method to Real Estate Investing - https://www.biggerpockets.com/renewsblog/2013/02/0...

I do the basics myself sinks, toilets, bugs, washers, dryers but for AC I always put them under contract with a local company for 24 hour support and quick fix.

Everything should be in writing...faucet swaps, toilet paper holders, hand towel rings, etc.