Don't worry about losing.That is likely not the only reason you are losing.We use this language for our clients, "Buyers agree to limit inspection repair requests to major structural, mechanical, plumbing, environmental, and safety issues."

., which is a major LA State Highway with heavy traffic.

The characteristics of this tenant segment have a significant impact on your rental income.For example, below are the characteristics of the three major tenant segments in Las Vegas.

I did some major rehab (new roof, windows, etc) and also have a tenant in place now.

this is soup de jour in most US major cities.

Ask anyone with investment property and they'll tell you it's not passive.I earn enough from investments that I could be financially free for life, assuming nothing major happens.

However, the lower payments give you flexibility in case a major life event stresses your finances and/or monthly cashflow. 

Obviously major issues like leaks are not something you want to over look.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

if the property breaks even, you should be OK since in theory there won't be any major capex for several years.