Get as long of a mortgage as possible (eg 25-30 year mortgage) to make your payments lower.If you are buying to rent it and won't be living in it, you need 20% for a down payment.Either way, you also need money set aside for closing costs, inspections, repairs and maintenance...and if you are renting it out to cover vacancies.

They help with repairs and vendor sourcing and have resident support agents.   

After repairing and improving the usability of the home, I was able to get it rented out at the top of market.

However, he makes repairs and changes to the property without letting me know. 

To repair the pipe it is pretty easy - dig, cut out the pipe, and replace it.

Originally drafted to prevent landlords from using security deposits for cleaning or repairs, the bill was amended after opposition from the California Apartment Association (CAA).Landlords will now need to photograph rental units before tenants move in, at the end of the lease, and after repairs or cleaning.

There will be an influx of workers to help repair the area and adjusters for all those file claims that will need short term housing.

Don't even get me started on windows; old windows look quaint and can be repaired but just suck all the way around compared to new windows. 

Because the cost of repairs is so high I do need to pencil in $300-$500 in positive cash flow for repairs which will come up yearly.  

We also try not to install fridges with water dispensers or ice makers but if we do, we put in our rental agreement that tenant is responsible for any repair to water/ice makers.