Physician from Kansas City and wife, Nurse - also Via Christi new hires, desiring College Hill style home, willing to pay up to $1500.

If you have 5 homes in an area but one tenant works for Entergy, one is a surveyor, one is an nurse, one works for a local university and etc, that is where you are truly diversifying your risk (tenant ability to pay in a downed economy).  

I work fulltime as a nurse .

So I believe I have what looks to be a good potential of a short sale:-Owner is an elderly man(incompetent) in a nursing home and family(his son) was just going to let the house proceed into foreclosure(bank messed up foreclosure ~3 times apparently).

I've had great cash flow with room rentals to professionals like teachers, nurses, recent divorcees (hey, it happens..)

I'm taking a big leap and switching careers in my 40's from Nursing to Real Estate Investing and I'm just beginning this process.

The house is owned by her grandparents who moved in to a nursing home a couple weeks ago.  

So I posted this previously but I think I did it in the wrong forum so heres another go:So I believe I have what looks to be a good potential of a short sale:-Owner is an elderly man(incompetent) in a nursing home and family(his son) was just going to let the house proceed into foreclosure(bank messed up foreclosure ~3 times apparently).

Yes, short-term nurse rentals are typically $1200/mo due to additional costs of preparing a furnished home/apartment, additional cleaning needed every three months or so, additional time spent with move-in/move-out, plus keeping all utilities in your name.

She's always talking about how the market is in a great location to rent by the room to traveling nurses.