That condo doubled in value but it all went on a $15k/month nursing home, but worth it.

The area seems to have extremely high-paying jobs or service industry paying jobs with not much in between (other than your teachers/nurses/etc).

Would be looking at probably just 1 bed 1 bath condos on the beach for no more than 220K.I'm a newbie to real estate and finance, I'm a a Registered Nurse by trade, so I appreciate yall's advice on where to start, how to go about financing this deal and if it would be the right decision for what we're wanting.

If short-term rentals are frowned upon by your city but it's near a hospital or school, you could turn them into medium-term rentals (i.e. longer than 30 days but less than 3-6 months) for travel nurses, visiting professors, etc. 

I was extremely tired by this point of the trip and was nursing my exhausting with some seriously strong hotel lobby coffee.http://www.iloverealestatestories.com/how-to-get-a-first-class-real-estate-education-with-aaron-mazzrillo/After this trip, Andy and I did about $100K in wholesale fees over the next few months working together before deciding to shut it down recently.

I'm not sure that I have the time to manage a rehab to nurse a property back, so I think I'm looking for a turnkey type property.

My wife is a nurse, and we are scoping out the landscape for when we move back. 

I've rented to nurses, lawyers etc.. and some end up being the worse residents even with Landlord references.Good luck to you!

Also I feel that I have much more confidence and firm negotiating stance going against a bank compared sweet ol betty going to the nursing home. 

Those also led to other sources, attorneys, accountants, trust administrators, hospitals, nursing homes and estate managers.It's unfair to put a note investor or Realtor or contractor dealing in notes in comparison as to size or scope or even as to the latitude of transactions with me, not bragging but I was in a very unique position.