I am an entrepreneur with a life science equipment sales business operated out of a home office for the past three years.

A lot can go wrong in real estate (and life in general) and if you have reserves you'll be better equipped to weather the storm.

Usually equipment, but now HVAC & roofs apply as well. 

A few tips and/or things to watch out for:- The general cost for buying out a book of contracts (not a whole business) is ~1 year management fees- Add to the above the cost for any systems/processes/staff/equipment etc...that come with it- One of the biggest challenges is how long clients are going to stay and what are the penalties due you (as the new contract holder) should they leave. 

I would say in general equipping your rental with a refrigerator makes it simpler for renters, would likely result in quicker occupancy, overall lower carrying costs and increases your rental value.

I like it because it’s imagination applied to a piece of dirt, most work is subcontracted out thus no personnel, equipment or inventory issues.  

Domestic hot water, and; Electricity adequate for lighting and any mechanical equipment within the home.

I am currently working in the oil field as an equipment operator.  

Too many elephant hunters that are equipped with a sling shot, begin at the beginning and learn your way up. :)

Traditional duplex but both garages are equipped with kitchenettes.