In a perfect world, your primary would be paid off and the only HELOC on it would be for peronsal emergency issues - job loss, medical, etc.Recommend you find a lender that finances rentals, get a refinance going, then watch mortgage rates for the next dip to lock in a decent rate and close.

So, if your property meets these expectations then travel medical professionals may be a great guest type.

Is the business expected to pass out meds for the residents - and are you required to have medical personnel on staff to do so?

My MTR is suited for travel medical professionals and digital nomads so I market it only on Furnished Finder.

I would like to ask a simple one more related to accounting procedures than taxes. 

However, it's advisable to consult with a local attorney or property management professional to ensure that you follow the appropriate procedures and adhere to any legal requirements.Ultimately, the priority should be to protect your property from further damage and address any potential safety concerns.

Question, If you are catering to travel nurses and medical professionals, do you get better occupancy and ROI, with a studio, 1bedroom or 2 bedroom?

Hi all, I wanted to connect with a few sponsors and brokers who work in the medical office space.

Once completed, report signed, and copies provided to tenant, keys are turned over after reviewing any unusual or unique procedures or issues the tenant should be aware of.

For example, leasing guidelines, make-ready scope of works and pre-approved budgets, procedures for dealing with late payments and evictions, etc.