We're living in times when franchises go out of business overnight, but healthcare will never be since it is essential. 

I am new to real estate investing and got into it because of the book The House Hacking Strategy.I live in San Diego; the rent is just crazy.

I've lived here on and off for 15 years.

., so do you mean living in one state while a local PM manages a STR for you in the other state?

a lot of people will poo poo this, but I also live in a market where cash flow is low, property taxes are high and properties are expensive (which is a relative term).

My brother lives in La Jolla and I know hundreds of investors in coastal Southern Cal. 

Lived in it and sold it a few years later.

A furnished mid-term rental or month to month lease can be well worth the small incremental monthly cost for this flexibility if you are serious about finding a great live in flip candidate on your timeline, not that of your employer's. 

I'm originally from the area and have been starting to look at some properties there as I am living in New Jersey.

She houses a nurse in each home along with adult patients that need living assistance due to mental retardation.