That way, if there ever is a problem down the line, you at least have something to point to that would suggest the mold is the tenant's failure to maintain the property in an adequate manner, and you have done everything in your power to provide a safe home.

It was easy for me to maintain and gave me a taste of what real estate is like (rental wise).Since you are handy maybe buy a small house to flip, fix up or rent.  

Some will liquidate via REIT roll ups or bulk sales to other firms who intend to maintain them as rentals so they'll never hit the market.

Use your cash for the purchase and rehab, force appreciation, and finance out of the property to maintain your working capital.  

However I think its ok for those that have a little money put away and can maintain the payments.

If you are in no rush, than I agree an appriciation approach is a good option (Although some cash flow is important to help in maintaining the property).

As a property management team. we maintain a list of breeds that we do not allow at our rental properties due to insurance liability. 

I will say that I find it necessary to listen to the podcasts not only to educate myself, but to also maintain motivation.

Would the costs of maintaining and getting the license up front be worth it if I am not going to actively use it?  

Now you have to pay another fee, to own, use, lease, license, permit, grant, or manage/maintain-- your OWN Drive to your OWN house.