Mid Term/ Short Term, Are Loft Studio apartments worth it?

[Connor Kline]

I have interest in a multi family property that is made up of loft studio apartments, all roughly 550 sqft. My initial interest would be trying to rent them out as mid term/ short term rentals. My question is this, would there be enough interest for mid term or short term guests with the sqft and having a loft for the bed? It is very close to two different hospitals, and a mile or so to downtown of a major metropolitan city. Numbers seem to be able to work, but being new to the mid/short term rentals makes me wonder. Any and all advice is greatly appreciated!