They have more skin in the game then you do.Make sure you get clear title.

I’m not super comfortable with tenants having no skin in the game to conserve.

Tons of ways to skin the cat. 

Otherwise, you will need to put skin in the game. 3% for FHA.

I think the best thing you can do starting out is partner up with someone who has experience in real estate investing until you get some skin in the game.

@Ralph White it's unlikely that a crowdfunding site will fund you for the downpayment as most like 'skin in the game'.

They usually want skin in the game due to risk.

Logic tells me to fix them both since the leak will eventually exacerbate the problem...not a matter of if, but when.If I fix only the plumbing, the slab may react and worsen possibly since I am removing the source of the moisture that caused the issue. 

It'd be best to cut all the expenses you can and save up enough cash so you have significant "skin in the game" or even fund the deal yourself. 

That stuff is no skin off of my nose, so however it got fixed was fine.We ran into the problems when we were on the exterior, and she dropped her head at one point and said that she had forgotten to check if the gutters were being maintained.