t's a good idea to rent your home out if you have the desire and patience to be a landlord!
Be prepared to get a call at any time when something breaks..........be prepared that some tenants are better than others - will maintain the house better than others...... and no one will know for sure until they move in and begin living in your home.
That being said -
You might want to look into a home warranty plan (look up American Home Shield, which is a big company offering flexible plans) so that you're not busy paying for plumbing issues and other typical repair items......not sure how it works where you are, but......in my area our leases include a clause that makes the tenant responsible for repairs up to $100 each instance.
With the warranty I mentioned, a service call is $100.....beyond that the company pays the balance for the covered repairs, and in some instances, for replacements. You need to read the fine print!
It's worth looking into.
Another option if you're not inclined to be an active landlord is to hire a property manager.............I manage several properties for landlords who are not in the local area.........my company gets 10% of the rent for this service which includes collecting rent, and overseeing any repairs and maintenance, etc......so this is something you might want to explore, in your area, if interested.