One option we were exploring was to purchase a live-in-flip home (as we did with our first property) and use an FHA 203k loan to build the cost of repairs/renovations/improvements as well as LABOR into the cost of the loan.My question is- can our REI business use financing via a FHA 203k loan to purchase the property and then pay my husband for labor in renovations as that is his background previously working in construction prior to our journey with travel healthcare?

@Sai MedavarapuMetro Detroit (my rental portfolio is here)Purchase: $80k-$130kRent: $1200-$1500ROI: Double DigitCash flow: couple hundred/monthAppreciation: Double digit (for past 10 years, will gladly send data)Location: C, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, mortgage, Amazon fulfillment, and more jobs.The bad reputation comes from OOS investors wanting $20k D market properties.

Hey everyone,I am a high income W2 health care provider.

There are also some programs (I believe) specifically for health care professionals in NM.   

Correction....Houston (Energy, Aerospace, Health)Dallas (Banking, Telecom)Austin (Government, Higher Education, Growing Tech)San Antonio (Military, Healthcare and Aerospace)Houston has and is getting hit big time...

Metro Detroit (my rental portfolio is here)Purchase: $80k-$130kRent: $1100-$1500ROI: 10-14%Cash flow: $250-$350/door (after all expenses and budgeting for maint,capex,vacancy)Appreciation: Double digit (for the past 10 years, can send data)Location: C+, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

I work in healthcare and I am currently debating MBA vs MHA vs MPH.

It can be done and the job market there (high military/health care/maritime industry components) support a transient population and solid rents.

Built-in tenants as well, with the Navy and Harrison healthcare in the area. 

@Aaron Williams does the town you bought the property in have a large amount of college students or are there any hospitals or healthcare centers local to the area?