Determine the debt situation, do a title search and find out if there are any unrecorded debts like welfare, nursing home, mechanics liens. 

Good to learn from someone before you jump, I Opened Own and Operate 2 RAL for last 15 years in Arizona let me know if if need info helped 4 friends open theirs 2 sold couldnt do the whole 24/7 life , other one is a Nurse Practicioners doing it as as house hack ( probably not recomend it) , if it wasn't for dificulty to find workforce in this area ( think chicken processing plants in Alabama have easier time finding workforce) and the Department of Health Requirements and Licensure Requirements i would have 30

St Petersburg Municode siteChan SrinivasaCity ClerkResidential uses means, for the purpose of these regulations, single‐family, child foster home, community residential home, garage apartment,duplex, multifamily, town house, boarding and rooming house, domiciliary and retirement home, and nursing home, which are available foroccupancy on no less than a monthly basis, or for less than a monthly basis three or fewer times in any consecutive 365‐day period.

City has the most traffic for traveling nurses in Ohio.

We had one tenant with one child and she was a nurse.

You need to think outside the box, finding a place and renting by the room can be very cash flow positive, traveling nurses, corporate housing and much more.

I work as a Nurse Practitioner, he works as a manager of sustainability for a large company. 

I used to be a nurse aide and his mom was one of my patients and his mom loved and had nothing but good things to say.

I currently  work full time as a nurse, and am wanting to build my retirement portfolio.  

There's a reason all the doctors, engineers, nurses, etc. are from other countries,