We have an in-house Mx department, and I've been toying with the idea of volunteering there during the slow season to log Mx time and eventually take the exams for A&P.
How is that in house maintenance department structured ? Are they independent mechanics using their personal A&P to sign off work, or is there a part 145 repair station performing the work and signing the 8130s? If they are a 145 repair station, start talking to your PMI.
Very much so, but you have to fully understand what is involved. It is a long road and most give up early on once they realize it isn't an overnight endeavor. 14 CFR Part 65.77 is the reg for experience requirements, and talk to your local FSDO rep early. As that regulation is interpreted differently around the country.
For example, straight from 65.77: "At least 30 months of practical experience concurrently performing the duties appropriate to both the airframe and powerplant ratings." Is that 30 months of 40 hour work weeks, or if not, what exactly? Or some inspectors confuse this with the clock hours required of lab time during a part 147 course, which is an apples and grapefruit comparison. This is the mechanics' scenario of going to a part 61 or 141 school.
I mean, people still believe in the Cowboys... Having that certificate has helped me out tremendously throughout my career. You can easily bounce between flying positions, maintenance roles, even aircraft management if you desire. One friend of mine makes a comfy living off of aircraft management with theirs, and they still fly a large cabin business jet "on the side". Basically double-dipping and while having a great QoL.
Am I going to have to spend a ton of money on new tools?
If your in-house maintenance is a part 145 repair station, then no. The repair station is required to have all the necessary tools on hand, and calibrated at regular intervals. Why buy a torque wrench when they have to have it in the shop? You'll probably still need a basic set of tools, but not a second mortgage's worth on the Snap-On truck. Plus, scour eBay, Craiglist, and such. People retire, or leave the business and sell their toolboxes all the time. Just keep in mind that if the locks are drilled out, then the toolbox is listed in a police report somewhere.
Feel free to send me a message if you have any questions, I'd be glad to help.