If you plan on living there a while, an extra living space would be great, but if you plan on selling it soon, I don't think it's a great investment of your time and money. 

It may even be worth posting a detailed ad of what you're looking for and proposing in the "Apts/Housing" section of Craigslist and then reposting this every few days or each week.

If you have an extra day for fun I did enjoy the science museum they have as well. 

If you buy OOS I highly recommend having an unbiased party (not your agent or anyone trying to sell you something) maybe an experienced investor doing a very detailed video tour of the house and paying them something like $100 or so before you submit an offer - I wish I had done this.

Thank you so much to Mike Houston for the detail info on this guru (Phil Grove).  

I would ensure that the contractual agreement before the start of the partnership is hammered out in detail! 

One additional detail, what if one of the partners has and existing LLC and the other does not?

Hi Karolis,Thank you so much for your detailed explanation.

Many doctors who develop enough extra income to invest, start in syndications until residency is over and practice is going.

The chart details year over year  seasonality of new listings.