I don't think it is a good idea any more than you should also get your insurance broker's license, your title insurance license, your contractors license, roofer's license, and while you're at it HVAC certification, Electrical and Plumbing Master licenses.Some people do both, but I think for the majority of people there is enough to keep up with on either business that if you try to do both you do neither the justice it deserves.   

When a tenant turns over you still have your normal expenses - mortgage, taxes, insurance, but you now take on the burden of water and electric.

If that is the case, we ask the tenant to switch internet, electricity, and gas into their name.

You start as an apprentice, you study while you work, for a few years.Then you become a master electrician and can earn some good Money.Contact some of the larger electrical contractors in your area and ask them if they're hiring if you are interested in this. 

Year built3. year of updates (roof, plumbing, heating, electric)4.

I love the energy & message of this post. 

Your right I will need a separate electrical system being that the current one is down there already (needs to be moved).

Everyone's investing journey is different based on their own situation and looking at all the factors like time, energy, life situation, and the raw numbers will guide your decision on the best investment for you. 

You can deduct a proportionate amount of your mortgage interest, property taxes, insurance, electricity, water, gas, etc. and you can deduct any expenses that are directly associated with the portion of the property that is being rented out.

Depends on the scope of the project, but I'd guess yes if a more extensive project or your messing with plumbing, electrical, or HVAC.