Yes , I would agree that it signifies folks who can not save for a home down payment, making renters, but on the other hand- transmission goes on vehicle, medical bill and untold other daily happenings makes for late or no rent. yes/no.

I know this hasn't been done in the medical debt industry, trying to educate myself enough to see if it can be replicated in the mortgage world.Thanks!!

Alternatively, perhaps purchasing next to the medical school might a good idea as well – again since there is a continuous pool of students that will need to live close by.

I currently work as a nurse and have used that income to purchase my first investment property, specializing in short term rentals for medical professionals.

If you believe you have been exposed to black mold you should consult medical advice as soon as possible.

In theory, No government intervention, consensus rules.The biggest issue with this thing is ... it is not regulated.

The upside is I do live less than a mile from a major university (which just added a medical school) and has a developing area.  

.- 10% down with no PMI on 1-4 units investment properties - 100% LTV for medical professionals - 30% down on an as is coastal commercial property in the 6%'s..Just having the right lender can completely change the parameters, potential, safety or profitability of an investment and none of these particular transactions happen without that considerable and valuable preparation. 

There is an exception to get a 2nd simultaneous FHA loan however you'll have to have one of these 4 situations to qualify along with 25% equity on your current property which it seems like you do (close enough):1) larger family size (evidenced with medical pictures/documents for legal adoption/birth certificates)2) You were a cosignor but not currently occupying a property of another FHA borrower and now you want to buy or qualify for your own FHA home loan3) legally separate from an exspouse with which whom you shared a FHA loan together on a home and now you want to qualify for your own FHA home loan4) you're relocating for a job (need employer offer letter signed/dated by employer or HR)Your other issue with qualification is DTI and that is often true that its capped at 45% DTI or debt to income however you can also go up to 50 or 50.5% too so there might be some room to work towards there to get that additional borrowing ability.Paying down your existing loan is probably the worst way to obtain more qualifying ability especially when your current note from FHA on your current property is at 2.70% as you mentioned. 

Minimal debt (nothing so bankrupting as student or medical debt), currently a low cost of living, and the job I have at the moment pays well.