Your income could go up, you could lose a job, or you could be faced with a life-changing medical event.

I know the answer may seem lretty obvious but I’m hoping to get your advice anyways.My wife and I live in Blacksburg Va at Virginia Tech and she’ll be graduating medical school in 2020 when we’ll probably have to leave and go somewhere else for residency.From the general consensus of some of the real estate agents in town who know the market well, they said that this is a pretty hot market and prices are going up fast, and considering how much VT is growing and Blacksburg growing I can see why.

The process has been held up because of two collections on my credit report for a $100 internet bill I forgot to pay when I moved out of state two years ago, and very small medical bill that I also forgot to pay.

A new medical or law school opening provides an opportunity for more long-term tenants who sleep, study, repeat - and pay on time. 

It also depends on why they are behind-did they change jobs, have a medical problem and took time off work or are they just not good at handling their money?  

He gutted a house in Camden, NJ where we planned to live then we decided to sell it to get money for him to go to medical school.My husband and I are still trying to clarify our goals for investing.

One thing I have done in the last as well is ask the tenant to have their medical provider/doctor/etc., send the documentation regarding the ESA to me directly. 9/10 I never receive anything because they only have fake online certification.

Do not sign an assignable contract until you have had the opportunity to investigate the true value of your property and the legal implications with an attorney.Take responsibility for being informed about the value of your property and the contracts that you areconsidering signing.Distressed Rescue TransactionsInvestors and real estate brokers are approaching distressed homeowners (those behind in their payments, facing foreclosure, or experiencing a medical issue).

@Steve Genna  You might also want to consider the smaller community college campuses, nursing schools, new UNLV medical school campus, ect.  

I think medical office is a great strategy and very strong asset.