I am a mechanical engineer by trade, but have been listening to the BiggerPockets podcast and entertaining the idea of investing in real estate for around three years now.My plan is to get into buy and hold rental properties, particularly multi-family.  

I think your analysis, for the most part, is mechanically fine. 

You may wish to confirm that the new 401k provider has experience with the particular investments in which you intend to invest your retirement funds as you very likely will have questions in terms of the mechanics (e.g. how do you invest in real estate, etc.).3.

I looked heavily into building an HVAC program to act as an employment pipeline when I was a mechanical contractor.

I think PS still has a permit process, but it’s going to be easy for them to turn that process into the mechanism they use to eliminate everyone.

Just finishing up my first flip and I wish I had known more on the age of the roof, mechanicals/utilities with pictures of all of them.

Under this mechanism, if you become mentally incapacitated or incompetent, your spouse or children are able to immediately access your assets for your benefit, without going through an arduous guardianship proceeding.

For example suppose you recently passed a 2 year auto mechanic certification at your local trade school or community college, and are now a full time W2 salaried mechanic.

01) Property Info         01) Insurance (at top as most important)         02) Property taxes         03) Deed & Title         04) LLC Docs (if any)         05) Purchase-Sale Docs      02) Utilities      03) Maintenance      04) Leases         Lease Name Folder            Application Docs      05) Advertising      06) Rental Licensing (required in most of metro Detroit)      07) Inspections      08) Appliances & Mechanicals

It depends on the condition of the property.As a rule of thumb, for a well maintained property with mechanicals & structural components NOT nearing the end of their lifespan, I budget 10% for maintenance in the specific market I invest in.