The seller data is useful but it must be evaluated within the context of your own investing knowledge and experience.A local property manager who manages similar assets can also provide useful data.Use your local market knowledge and experience to develop a proforma you feel confident in and proceed from there.Arn

I'd love to do it scared and take a risk with a small property to get my feet wet and build my confidence.

Let’s say that the pref is due in three years—you have to be confident that you can sell or refinance (for an amount of the acquisition loan plus the pref equity) in three years or less.  

There are a good number or traveling nurses in that area so that can help contribute to a healthy mid-term rental.

During Covid I worked for a Medical Travel company so i would highly suggest with your knowledge to use that in your benefit.

Find a home that enables you to convert an existing space into an ADU, near a level 1 trauma hospital and rent that out to traveling nurses/residents.

I highly recommend travelers.

Because travel nurses are typically on three month contracts, there are only four tenants per year; much less data to keep track of vs.

It's not worth the travel and time to travel to a market to check on a property when your upside is a few extra hundred per month.

I’ve lost confidence in knowing that my affairs have not been handled properly and have yet to sign a new contract.