That said many health workers have unrealistic expectations on rent so they might not be the best demographic to cater too.  

The demographics of these investors are typically high income earners, almost 90% working in tech (software engineering, tech sales, computer science, etc).

But you should be able to target that upper demographic segment and still move a house in a few months if you are in the correct markets.

What is the demographic profile of the location?

In the end, my portfolio gives me better returns because I accept the risk of having some deals give me marginal returns to be able to get the massive returns from the home runs.Gotcha, and makes sense.Many of our investors are a different demographic and like the thought of a passive, preferred return.

You can have good an bad tenants with any demographic.  

4) Demographic?

A reliable tenant is someone whoHas stable employment in a market segment that is very likely to be stable or improve over timePays all the rent on scheduleTakes care of the propertyDoes not cause problems with neighborsDoes not engage in illegal activities while on the propertyStays for many yearsBelow is a table comparing what I learned about the demographic for condos compared to the single-family homes that target our tenant segment.Condo considerationsVacancy Cost -Vacancy costs can have a significant impact on profitability or be a minor expense, depending on how long the tenant remains in the property.

Older long term residents will leave and migrate elsewhere due to unpalatable changes, whether political, demographic or COLA, and new residents will move in who desire that lifestyle.

@AJ H.Sorry.No way for me to answer without knowing the property - its physical condition, current financials, the business plan, the market, the tenant demographics, and what you would have to pay for a competent maintenance person who has all the skills you need.And even if I knew all of the above, I would still have to analyze all the numbers and make a decision.I think at the end of the day, you will just need to make your best decision, implement whatever plan you choose, and wait to see the results.