The only experience I have in real estate investing is a wholesale deal I did to pay for nursing school tuition.

The caregiver was not family and the old man did not want to disinherit his biological heirs  so he provided the home at a modest price but he made the estate the beneficiary of a modest  private money mortgage to provide a monthly remainder for his own adult children who already owned other residences in the same community.All parties were served by this arrangement until the nurse's own son developed leukemia brought exorbitant demands for both money and time causing.  

Keep the momentum going good luck with your nursing program.

Once I decided to move on, I would put a long term tenant in and still be legal (or vice versa).If I do separate the garage into a studio/1 bed, then I will target traveling nurses because I have a few hospitals in the vicinity.

Does anyone have a suggestion how I might use my rental income from Furnished Finders (traveling nurses) towards my income on my taxes? 

ihave some good money to fiddle with but iknow that just because ihave it doesn't mean ishould just take on such a project.would really like everyone's opinion and advice.location is Rochester, MN home of the mayo clinic.im thinking to rent out to either traveling nurses that come here to study at mayo or to rent it out to patients who come to visit the clinic.thanks in advance!

My wife is a nurse and we have friends that are traveling nurses.

If that doesn't appeal to you, you can have some of my 2022 wall calendars suitable for a public school, church, office or nursing home.

You could AirBnb the house if the local jurisdiction allows short term rentals You could rent it out to travel nurses for at least 1 month at a time, which is considered a "mid term rental" and doesn't fall under the same restrictions as short term rentals, so if your area does restrict short term rentals (STRs), this can be a great options!

With dementia, it is very likely your mother will need full time care in a nursing home.