The subject came up when I was asking a friend if her medical student daughter knew of any other students/residents who were looking for housing.

My Wife and I both have disabilities, I work P.T. at Costco for medical benefits, and get partial disability income.

We've also invested in other stabilized cash-flowing asset classes (medical office being the next largest asset class).

Perhaps the bad credit is from medical bills but he pays everything else promptly.

Since she is on Medicaid, if she sells the house she would be liable for back charges she has incurred plus all future medical expenses; that is IF she would get approved since she would have to reapply once her current coverage is dropped.

But I'd be lying to you if I told you it didn't make me nervous every time they pay late, as they are one car repair/medical expense/whatever from not paying at all.

Lots of travel nurses and other health professionals at Shands and other medical facilities

Hello Bigger Pockets: I am in Chandler, AZ and I've started looking at Medical Condos as a potential investment.

@Rolando Reyes Jr Cap rates (8%+)Affordable properties with rents that work (can easily find properties that pass the 1% rule)Job growthPopulation growthA lot of jobs and schools (universities, hospitals, H&R Block headquarters, Amazon fulfillment center on Kansas side, Hallmark headquarters, Cerner medical tech company with 16k employees)Didn't get hit as bad as other cities during the recessionI also love it and would live there - that was what sealed the dealHappy to hop on the phone or chat via message to talk more about it.  

I was not the builder of this project but the fact that I am using this as backing gives me around 10-15m in equity and yearly income for expenses related to the new construction, and around 5 acres to build a second structure on.The town (New Haven County, Connecticut)  has approved plans to build apartments, and or medical offices on the site in the past, and they would more than likely be happy with an additional 60 units.