With Amazon taking the old Euclid mall, about 800k sq ft, and now building a 1 million sq ft facility 20 min away in the heart of everything , seem as though pricing is going even higher.

I owe 420k on the house (2.2k/mo mortgage) and live in the 4/2.5 upstairs while my renter (medical resident) pays $1375 to live in the MIL suite that is a 1/1 - it has separate entrance/exit.

It is a one 2800 sq ft building facility (built in 2004) on approx. 1 acre of land.

If the furnace had some specialized function, such as in a climate controlled self storage facility, then it could be a 5 year asset. 

They realize the medical field is ever changing so want something more of a hard asset and stable to provide residual income.All kinds of strategies out there.

You can use Google Maps (GM) to measure out 3 miles from your target facility.

Having some asset (like medical offices) “back your investment” is a little different than wanting to be a silent partner in the local dry cleaning or boutique smoothie joint.

An exception would be if the A/C or furnace had a specialized purpose such as in a climate controlled self storage facility or a restaurant walk-in freezer.

With a potential career in medical devices (interning at Stryker this summer) I want to be strategic about my real estate investing when I start working full-time in January.

Have spent my entire professional career in Facilities Management and will be working on my Real Estate license this year.