It's no guarantee but it's a good place to start.

I have owned it for a very long time and had depreciated most of the original purchase price. 

There are a lot of good posts on here so I would take some time and read the forum so you can hit the ground running.

@Ryan Duphorn  a  5 /2  and 1920 square feet IMHO isn't a good health care traveler accommodation unless you are in a area with a shortage of housing. 

I would recommend you look for a good neighborhood to buy a multi family in.

This will be an excellent home for a starter home, small family, long-term rental, and definitely a really cute AirBnB.

Southwestern Michigan offers plenty of charm and is a destination place but would definitely make sure your ROI makes sense based on your long- and short-term goals with the property.

I've helped 6-7 different investors move money from Oregon to Wyoming in the last 15 years and they are all happy they made the move.Consider finding a market that has a better long-term outlook, economically and legally.

It may seem easy to jack up rent but there is something to be said about good, on-time paying tenants.As an accountant, I always rely on the numbers.

@Michael Whitman very good point and something to check on ahead of taking the loan.