It's a small ground up medical office building on a pad ready site.

Many people dont know but Houston is the home of the worlds largest medical center (Texas Medical Center) Add to that, that the cost of living for a large metropolis city is low in Houston compared to other top 5 largest cities.

.-$5K deductible (high deductible made a big diff for me in the annual premium)-DM me and I'll be happy to tell you the liability and medical payments coverage.

They will be out of work, have some medical emergency, be supporting a family member, etc. . .The problems to solve will inevitably be more than just real estate.

One of the best high-level goal planning exercises I can recommend is this:1.

Medical facility coming to market <1 mile away.Walking path, restaurants, etc. next to property.I say all the above because I'm looking to renovate this property and attract a higher-end client.

Some go into greater life-lesson detail (do you have a Will, Living Will, POA for medical and legal, and a ton of tangently-financial topics).

I retired in 5 years off that income (my wife was still a nurse for medical insurance.).

I was an Army medic for 7 years and decided to stay around Colorado Springs after separating from Fort Carson.

(Paid off about a week ago, thats why)I do have $2,000 in medical debt (disputing because I was in a coma & was signed up for Medicaid by my mother in the hospital before I had surgery in 2017) Husband started 2nd hourly position 7 months ago (same field)I began working 2nd job 2 months ago (with a break due to severe health issues)Both positions are in the same field of work.Day positions; SalaryNight Positions; HourlyI now understand that we have to wait at least 6 more months to get pre-approved.Beforehand, we only worked 1 job, then realized it'd take forever to save up enough money for RE, so we both decided we'd work two jobs for the next 2 years and see how much money we could save.After all of the feedback I have received, in general I think it's best for us to wait at least another 6 months, for all the reasons all of you have explained.That gives us time to build our savings, save, save, save, and learn.