Spouse, father, biotechnology engineer (by degree), water engineer (by experience), specializes in natural health, loves the world of personal development, and the world of real estate.- what am I doing here?

Keep a keen eye on economic indicators, employment rates, and local development plans to gauge the overall health of the market.Maintenance Costs Can Sneak Up On You: It is easy to factor in property taxes, insurance, and regular maintenance, but unexpected repair costs can throw a wrench into your financial plans.

Has anyone approached their rentals with this mentality? 

But for now I’m thinking of buying and holding, or partner up with another investor for fix and flips or other projects (In AZ).I bring positive energy, problem solving mentality, capital, time, management skills.

A person on entering into an agreement to build a swimming pool or contained body of water or sell, rent or lease a dwelling with a swimming pool or contained body of water shall give the buyer, lessee or renter a notice explaining safety education and responsibilities of pool ownership as approved by the department of health services.To me, every pool needs a fence!

Also wondering if any one can give us suggestions on providing/offering health insurance.

Sometimes it scares me when I see people with that mentality who clearly don't understand business and yet want to take such a costly route trying to reach success without knowing what to do.

Any other repairs need to be for health and normal safety concerns or for the health and safety of the property itself. 

@Danny Van you can also attend Oakland REIA and MREI, both held monthly in Troy.Regarding what to do, first you'll need to call the City and get their rental application to fill out, pay the fee, submit and schedule the inspection.It's mostly a health & safety inspection: smoke detectors, a CO detector near furnace, handrails, GFCI's. etc.WARNING: Warren doesn't really like landlords, so they can be picky about previous work done without permits - even if it was done before you bought the property!

Eventually my partner and my own health insurance cost rose to over $1400 a month which just wasn’t sustainable so I got a job in a group home on third shift.