midcap
Pattern Altitude
That's the smart thing to do.
I had to fork out 23K+ for a full overhaul 97 hours after I bought the airplane. Not sure that happens often but be prepared for the possibility. That said, I'll still take owning over renting... Even if it does cost more(and don't be fooled, it likely WILL cost more).
That can be aggravating. That's why if I ever buy a plane, I am going into the deal with the mindset I am going to need an overhaul. Prepare for the worst hope for the best I guess.