Research implied easement, easement by necessity, easement by prior use, easement by prescriptive or adverse use, and easement by estoppel to see if any of those apply to your situation.

Hi,I am a physician employed at a university hospital with W2 income.

You’d have a built in pool of potential roomies, an income, AND there are special loans for newbie physicians in residency wanting to buy.

Actually I am a full time physician but very keen on REI.

Just a note, traveling physicians are in a somewhat different category than travel nurses.

I have had many clients receive denial letters and one of the worst scenarios was a married couple who were both physicians putting down 30% (only 20% down pmt was required by board) and they had plenty of $ in reserves.- Alteration agreements: Some co-ops have strict rules around who can work on the rehab (i.e. licensed, bonded and insured GCs) and what type of work can be done on the unit.Pros to co-ops:- Some desirable buildings rarely have units hit the market: there is a lot of pent up demand for these!

You'd probably get a lot of students touring the college (they have undergrad, med, business and law that are prestigious), residents interviewing at the hospitals, and physicians coming for conferences.

I'ma also a physician/syndicator.

Railroads are VERY difficult to negotiate with.U can look for some sort of prescriptive right away and sue for it but those don't usually work and litigation can run into the many thousands.If the owner contract works and you dont have to put much money down and you can remain positive cash flow and no personal guarantee on the note.. then even if you cant get a legal right of way its ok to own it forever type of thing.. just know selling it will be next to impossible unless you do the same thing for the next buyer.

What I put below is not in any way prescriptive, but maybe it will help you think critically and creatively as you take steps towards being a real estate investor. - You're a young dude.