I am in health care and have looked in areas around mayo but unable to find property that cash flows.  

Department of Housing and Urban Development (HUD) administers Federal aid to local housing agencies (HAs) that manage the housing for low-income residents at rents they can afford.A couple of things re: HUD1.

Think: affordable  off-grid log cabin with mountain and stream views in a quaint small town with close access (15-min) to great arts&culture, transportation, and healthcare.

Different areas may have varying degrees of support, but in Cape Coral specifically, this is a very large component of the local economyIn addition to that, with the older population, healthcare is also a huge necessity and a large economic driver in Cape Coral as well.

@Justin SterlingLove Metro Detroit (my rental portfolio is here)Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%+Cash flow: $250-$350/door+Appreciation: Double digit (for past 10 years, will gladly 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.

@Zach WagnerMetro Detroit (my rental portfolio is here)Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly 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, mortgage, Amazon fulfillment, and more jobs.The bad reputation comes from OOS investors wanting $20k D market properties.

The mayor of New York City has I believe a 6 billion dollar deficit for this years budget and is crying for federal aid.

I started off my professional life as a commissioned officer in the Marine Corps and then transitioned into a director level position with a large corporate healthcare company.

Rip off the Band-Aid and move it to market rent.

Be sure to have a clear minimum deal standard in order to help you with your decision, it will aid in pulling the trigger when you find a deal.The typical and safe vacancy rate for a well maintained property in a decent location that is priced correctly is about one month per unit per year 8.33%.