Some of my clients who have had their units mainly for a 'college rental' strategy has definitely seen a slow down in terms of absorption rate but I was able to rent a 3 bed by a medical school for $3600/month in Boston.

Decide on a strategy for REI that fits your preferences (house hack, BRRRR, cash flow rentals, buy and hold for growth, emerging markets, fix and flips, etc).  

I’m a medical professional and not very versed in the intricacies of the economy and the long ranging effects these two things can have.

Due to COVID I am not able to travel to them, so I'd need someone flexible who can work with me remotely AND, who is very empathetic due to my father having memory issues, (My father is in denial and refuses to seek medical treatment/evaluation/assistance).If anyone in our forum group is in that area who can recommend someone please contact me direct.Sincerely,TJ Lombardi

You can also apply for a "Non-collateralize" loan in most case up to $35K for emergencies. 

I was unemployed due to a medical injury for a good while, but recently back up and moving the last few months.   

I like medical tenant better as the essential use is almost always there with demand.If they want a short term lease extension you might want to put marketing clause in there and require if they are going to leave to have to give 6 months notice they are not renewing the option after the year.

Cleveland is a great area to invest, especially if you live in Canada because it's very close to Toronto and it's good to be able to keep an eye on your investments and be able to be close enough if you ever have any emergencies. 

And the tenant will get an emergency voucher to move.

With the help of a financial tool that I show them, investors (and traditional homeowners) are able to rapidly pay off their mortgages (and other debt including credit cards, student loans, tax debt, medical debt, car loans, etc.) in as little as 5 to 7 years.