I would recommend checking out Furnished Finder Stats to see the demand and also calling the hospital to see if they actually use travel nurses.

Our understanding of timing and buyer demand allowed us to maximize its value, ensuring a rapid and profitable sale without any significant renovation costs.

It's easy to say you'll raise rents to market rate but pulling that off can be difficult in softer markets with supply/demand dynamics without causing temporary vacancies, which leads to new TI's and other lease incentives to refill the space.I'm sure you have an investment strategy for the replacement property, and that should include which markets you are looking to reinvest in.

Once we have secure the property, we will rehab it according to a conservative budget while also being mindful of what the property and location demand.

While I agree that inherently more buyer optionality = higher prices for homes (more demand with same supply will do that). 

Coastal rentals can be a solid investment with strong demand.

Likely due to low occupancy and the perception a different use has more demand.

Here are a few things that might help you as you start:Understanding the Market Dynamics: Begin with understanding the supply and demand in your area.

There is a complicated set of assumptions that go into calculating demand.

And taking them out of the equation, would only create very marginal improvements.At the end of the day, it is a supply and demand issue.