Don't  forget to market it toward co tract health care workers, as there are Lee Healthcare off shoots there, as well as in Port Charlotte. all in all good luck!

I am a newbie real estate investor and work in the healthcare field.

With the largest employment in the metro coming from military, oil and gas, and health care industries (supplemented by steady and increasing growth across many other sectors) the local economy is one of the more stable in the country.   

I'm a specialized landlord in long-term C-class housing, very consciously angling to get long-term tenants who, in addition to going through extensive background checks, have already been thoroughly vetted over years through employment by our local major health care providers here in Pennsylvania.2. 

Our primary focus has always been on healthcare-related properties but have done general office, retail and industrial projects as well. 

@Anthony PhillipsMetro Detroit (my rental portfolio is here)Purchase: $80k-$130kRent: $1100-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: 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.

Not an expert but travel nurses will still be a healthy tenant market because the healthcare industry demand is strong for nurses..However, the rent amount might differ, given that many are shifting to MTR as STRs are slowing down.

With that said labor and materials costs suggest new housing can’t go down in price (and old housing as well)With that said I expected a recession between now to q1 2025 and that doesn’t seem to be shaping up.In my market (Rochester, ny) the economy is primarily driven by defense and healthcare so I expect to be largely unaffected by the broader economy.

Your awareness of the potential in having FSU and the various hospitals in the area shows astute thinking.Here are some of the key hospitals in Tallahassee and their respective distances from downtown:Tallahassee Memorial HealthCare: Roughly 1-2 miles from downtown.Capital Regional Medical Center: Approximately 5-6 miles to the northeast of downtown.HealthSouth Rehabilitation Hospital of Tallahassee: Around 3-4 miles from downtown.Select Specialty Hospital - Tallahassee: Roughly 1-2 miles from downtown.Tallahassee VA Health Care Center: About 2-3 miles southwest of downtown.Florida State Hospital: Located in Chattahoochee, Florida, about 40-45 miles west of Tallahassee.Tallahassee Developmental Center: Approximately 4-5 miles from downtown Tallahassee.Tallahassee Memorial Hospital Behavioral Health Center: Within 1-2 miles from downtown.I'd focus on areas that are convenient for both work and entertainment.

Although oil plays a very large role in the Alberta economy, the main cities of Calgary and Edmonton have been doing a lot of work to try and diversify their economy via attracting tech companies, the booming marijuana sector, as well as health care, post-secondary education etc.