I know some people that have property free and clear don't care if they lose it and only carry liabliity insurance to protect against accidents on the property, medical or legal bills, etc.Do I have no other recourse but to carry full coverage?

Medical records will not deal with email, due to security, but they will deal with faxes.

Traveling medical professionals generally don’t need 3 BR homes and they aren’t traveling as much as previous years so make sure there’s enough demand. 

Has anyone converted a basement into a unit and rented to a traveling nurse if so what did you do during the construction of the basement to help reduce sound from the up stairs.

This approach significantly reduces my workload and simplifies budgeting.However, I do have a six-plex where I cover the water expenses.

Unfortunately, when you have to send faxes to the IRS, or when you're a doctor in the medical field - there's only so much you can do. 

I'd reduce the size of your units and stick more to 1 bed and 2 bed than what you have the numbers aren't really looking good on this deal. 

I am lowering the price this week, but am just curious on how often it should be reduced if I'm not finding anyone in the medium term rental world? 

It sounds like the ONLY benefit in this deal is the 0% carry-back and you are trading that for a reduced rental rate renting the property back to the family member.

However if you want to generate more cash flow putting 15% down will help you because not only is it a lower montly payment but when you hit 20% equity they will remove your PMI.If you put down 5% I would stronly encourage you living in the Airbnb if possible and renting out the home so you can generate even more incomeIf you look at it like this it'll helpMonthly payment < Potential income + current rentIf you can move and reduce your cost of living that is always great at the bare minimum they should equal each other in my opinion because at least you'll have equity if the market you are choosing is a strong equity market.