I have a MTR in the Med Center area just outside of downtown and it's been great for 2 years now. 

(We knew the parents so my wife just about adopted these sheltered girls).The OTHER girl's BMW would not start & it was blocking her vehicle against the 2 car garage & she has to get to her Gross Anatomy final (Yep final year pre-med).The wife went over (2 miles away) opened the garage door (no-one ever parked in as they had already lost the remotes) and she was able to drive into the garage & back it out.Same girls called the wife @ 11pm for baking soda to make cookies.

This house is in a great rental area right across the street from a major med school, he’s had no problems renting it out in the past.

Also looking to hear from anybody who has thoughts on the rental market in close proximity to major universities - I recognize the challenge of college students and the sometimes problematic care and need for repairs (that is why I am hoping to target the graduate/PhD/Med student population who might be less-centered on partying and more centered on academics and being responsible...pipe dream?

I have a SFR close to Wake Med that is nearing lease end and am all ears.

Could be travelling nurses near med centers.  

I HAVE considered STRs as well as Med-Term rentals (travelling pros) and am not opposed to them, but it's an area of real estate I know far less about. 

Gross rent: 54000/yr  Tax: 3593/yr   Ins:3900/yr     Maint: 5740/(past year)  Util/grass: 2000        Vacancy is not included (what % should be used in med/high demand area?)       

The capital gain, $100k, is taxed at capital gain rates.The $36,360 in depreciation recapture is added to and taxed as ordinary income (No ss/med tax) up to a max rate of 25%….since it was deducted from your ordinary income as you claimed it each year.  

And by that is really looking for a med- higher class properties with med- higher class tenants.