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Updated about 1 year ago on . Most recent reply

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MTR for Travel Nurses and/or Other Professionals

Posted

Hi BP Community,

I am interested in investing in Cleveland, OH, around the Wakefield/Detroit Shoreway/Edgewater area to be more specific. I want to buy a duplex and have each unit serve as MTR for traveling nurses or other professionals coming to Cleveland. My only concern is if Cleveland is actually attracting traveling nurses. I understand Cleveland has some of the best and biggest hospitals in the nation but after reading statistics from Furnished Finder it seems like the demand of traveling nurses does not reflect the current growth and magnitude of the healthcare industry in the area for whatever reason. I may be wrong that is why I created this post to see if maybe I can get advice from an investor who has done this already and seen the results. 

Thank you in advance for your valuable feedback.

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Sarah Weaver
Pro Member
  • Rental Property Investor
  • KC, MO
50
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38
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Sarah Weaver
Pro Member
  • Rental Property Investor
  • KC, MO
Replied
Quote from @Colleen F.:

@Sebastian Villacis M.No,not in Cleveland. Check out Furnished finder Facebook group and you also may have local Facebook Housing groups for cleveland. You can find out alot that way.


 Agree with Colleen! Joining local investor Facebook groups and local housing groups is a great way to connect and understand demand. I also recommend reaching out to landlords whose units are listed on Furnished Finder. In my experience, some don't respond, but some do and are happy to answer your questions about demand and vacancy rates. Best of luck! 

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