If the answer to all three is Yes, I buy.And let life unfold.I have NO IDEA what the ultimate return will be….NONE….And neither does any other investor if they are honest…..most crystal balls I find are broken.But if one acquires the property is a solid long term manner based on fundamental investing principles and is never forced to sell…History indicates the long term trajectory of price and rents are up.In my experience, real estate follows cycles……. 6 or 7 years of a bull market, 1 or 2 years down (though the up is always larger than the down), 1 or 2 years of flat which then sets the floor for the next run up.

I'll check on the rent, it would likely be medium term as it's near a hospital and several schools for students/traveling nurses etc.

Or are these tangential medical providers with no experience and bad credit?  

But you don't have the experience to handle this one, if they are not.  

I have just begun my first experience with a property management service.

I am considering purchasing a condo in Stamford, CT, to use as my personal residence, as I'll need to travel to CT frequently—about 50% of the time.

How was your experience?

Any travel nurse is a brother or sister in my field, so my plan is to make sure their housing is everything they could imagine in comfort and necessity be met.  

If it were $10k-$20k loss I'd probably just chalk it up as a learning experience and sell it, but I just don't know if I can stomach a $40k-$50k loss.

Hey Jon, Depending on the DSCR, property type, and your experience, you may be able to put as low as 15% down on a DSCR loan.