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Updated over 3 years ago,
Condos for traveling nurses
I"m considering buying small condos in the $60-90k range within walking distance of large hospitals in suburbs of Arizona/Nevada, then trying to rent them traveling nurses for $1000-1500 per month. I figure condos are easier since HOA covers things like roof, facilities, etc, and if they're cash-flowing, I'm not as worried about the slower appreciation that comes with condos.
Has anyone done this or something similar? I'm trying to determine in advance what I might be overlooking, since this all seems a bit too easy...