I would also want to figure out how much downtime & lease-up costs would be required in the event of default.

At some point, there will be down time on a vacation and it's nice to watch TV for a bit from time to time.

I personally feel this market is very stable and not over valued, lots of positive job growth ever year, crime is low.During the last 15 years has our market really changed much during the down times? 

I have high confidence I will be able to get nurses in here with little downtime.

If your area doesn't have down times for finding decent tenants, then may not be an issue for you, but for me, September is a bad time to go month-to-month.

I would be interested in that also, Travel time I have, down time I don't  53 SFR,  Full time Sales job,  volunteer fire dept, greenhouse and organic gardening.

Get qualified by a lender during the down time.  

I was hooked from my first bigger pockets podcast (by way of Stacking Benjamins - another great one) and am trying to learn as much as possible, reading a book a week, lurking on BP forums, analyzing deals in all possible down time, and now looking forward to learning from and meeting new folks on BP!

Jim, thanks very much.I just want to make sure I understand the Downtime issue more specifically.  

You want that residual income during the down times so that you maintain the same lifestyle.