I actually have done several medical office fix and flips all over Orlando - have one completed and on the market in east Lake Mary right now and showing it again on Friday.

I feel that Albany is kind of undervalued for what it is, and there is both a law school and a medical center in the city.

Claims are costing more than they used to between medical expenses and material costs rising. 

get into a multifamily property priced around 1.7mil* with an FHA loan ($60k-ish down, 3.5%, still have $ for reserves and closing costs). bonus points if you want to occupy a unit with extra bedrooms that you can rent out to traveling medical professionals. you could very well live for free doing that. just note that FHA loans do have maximum allowable amounts based on county and unit count, AND the property has to pass an 'fha self-sufficiency test' as well as the fha inspection. if you are NOT open to living in a multifamily, what's the highest mortgage that you could comfortably pay if the **** hit the fan?

The place is in a medical plaza so I plan on renting it out as a pharmacy or any other office use.

Hey Richard, I'm an investor and realtor in Houston currently doing a rent by room househack in southwest Houston, nearby the medical center.

Targeting travel nurses with properties near hospitals/medical seems to be the most common idea.

Madison and the medical district around Huntsville hospital is where I would recommend.

I thought Baltimore would be good in terms of renting because of Hopkins and its doctors, medical students, nurses and other staff persons.  

If you're lucky, it may just need a capacitor or fan motor replacement (sub-$1,000 repair, potentially far less).To put things into a rough analogy (I'm not in the medical field either, so apologies if this is nonsensical from your viewpoint): Before getting a heart transplant, I'd at least make an effort to unclog the arteries beforehand.