$300K is a lot of credit card debt and probably didn't happen overnight (unless it is medical bills). 

You cannot just casually start this medical expense plan, it's not an IRA.

Positive SolutionsProblem: In my county small multi-family houses are nearly non-existent and short-term rentals and second-cooking-areas are illegal.Solution: House-hack while renting MTR to traveling medical professionalsProblem: I didn’t know the many laws of the countySolution: A hired attorney 1) informed me that the county calls a house-hack a boardinghouse and 2) drafted a very comprehensive agreement that includes answers to your list of questions.Problem: Interpersonal problems can be a risk.

We also work with investors in the different markets we operate in to perform tenant placement where we work with ALE Solutions, other relocation companies, medical agencies, etc. to offer properties as a part of our inventory.

All 4 of us have different mental health concerns because we were put in the pipeline from a company called Telamon via the local VA medical center. 

part of a current medical campus? 

Here's what I do....again it may be controversial, but there is such an enormous pool of tenants that have vouchers that I can do this and still have plenty of people...No smoking of any kind.....I don't care if you have a card that says you need "it" for medical reasons.No evictions, ever.No felonies in the last 5 years.No dangerous breed "animals" or pets  and when fully grown the pet can't weigh more than 20 lbs.They will pay for a background check through SmartMove that costs $40.00I don't care what "story" they have, I don't sign the RFTA package until they give me one full months depositI actually don't care what their credit score is because the housing authority pays most of their rent.I don't care about their oncome because the housing authority pays most if not all of their rent. 

Some examples of properties with high asset reclassification include medical clinics and hospitals with technical machinery and labs, grocery stores with machinery, shopping centers with rainwater drainage systems and large parking areas, industrial manufacturing facilities with advanced equipment, apartment buildings in suburban areas with swimming pools, golf courses, tennis courts and large parking areas for tenants.Here’s a list of the average amount of assets that can be reclassified into shorter asset life classes based upon the type of property.

I have a 1/1 and a 2/1 and although I'm seeing lots of different types of travelers, the ones who have been booking my place have all been traveling medical professionals.

There are also other ways to use money from an IRA without tax penalties such as for a primary residence or medical expense. just know what you're getting into and the best ways to avoid the tax.