Scenario 1 looks promising if you can pull it off - but sounds like a sticky and complicated situation with a lot of moving pieces and potential for things to go wrong (lawsuits, disputes). 

Or if they tape off the area (super cheap) - you'll catch them walking on the tape and they get stuck (like mouse sticky traps but regular gorilla tape works). 

Generally speaking though if you land a medical tenant they are generally a very sticky tenant.

Before owners drop prices there they would grow rice and beans again ;-) Besides it's one of the areas with the highest crime rate.

@Marc Rice Thanks Mark!

Go to www.TRUSTETC.comBy the book from Amazon written by Patrick Rice called "IRA wealth"Then go to CPAs and offered to do a self-directed IRAs presentation, many times custodians will help you with the presentationIn my presentations I generally talk about what are all your choices are to get a good rate of return for your retirementThe stock market just lost a lot of value recentlyTalk about the debacles of WorldCom, and wrong, and Bernie Madoff.Then talk about the rule of 72 which means how long it takes a set amount of money to double overtimeNote: This does take some time to develop but once you have private lenders that create so if directed IRAs for a good ride return such as 6 to 10%, at your disposal you have a lot of choices especially in cheap markets

Hey,Yeah credit issue plus rices but yeah credit definetley.

With that perspective, I'm going to throw out some thoughts and maybe some will stick. I

Appliances and Electronic Devices: Unplug any items when finished using (hot water kettle, rice cooker, computer, etc.).15.

This can get very sticky--and costly.