In those buildings we placed tenants such as the Federal Government Agencies, State Government Agencies, Indian tribes, small businesses, unions, doctors, dentists, stores, hair salons, etc.

Lawyers, doctors, wealthy people you might know personally who need to park some money somewhere for the next 5 years or so.

Mostly elderly people live in the areas and must travel outside of the areas to do shopping and see doctors. 

And every time someone would come over and do work on something on the house, they would ask, “Wow are you a doctor?”

What doctor signed the death certificate?

I don't believe college will necessarily do a lot for your career (unless you wanna be a doctor/lawyer/whatever) BUT the experiences you have during college help define who you'll be.

The way around that is to form an LLC and make each investor part owner.Rather than advertise publically, you could hold an event giving out free information to a target audience (your target is income earners of $150k+, doctors, attorneys, executives, etc.) and then injform them you invest in RE at the event and that you are offering some investment opportunities.Another is to simply pass the word out to everyone you know, ask at RE clubs, etc.Word of mouth is your best source in my opinion.

Upon move in, she had a 3 page list of requests.These included new:New vacuum cleaner bags for a vacuum which was already in the house.A wooden strip added to the front door as she thought the gap was too wide.New electrical outlets for the whole house as the existing ones were old.There were some valid requests which I fixed straight away (AC wasn't cooling below 80, one electric outlet wasn't working, washing machine wasn't hooked up properly).When August rent was due, she paid on the 11th and gave me a doctors certificate and said to please forget the late fee.The lease calls for a $75 late fee after the 5th plus $10 per day for every day it's late.

CPAs are like doctors and lawyers. 

John, I can't answer your question about cap rates directly but I agree you should get a good deal - north of 10% cap rate if you decide to pursue it.My reason for this is that a medical building seems risky because my understanding is that the trend has been for doctors to move back into hospitals and out of small group practices, the kind of tenants who would occupy a small medical building.I have a friend who bought a medical building very cheaply, and thought he got a real score.