My wife works in health care in Pittsburgh and a very large percentage of our tenants are also health care workers (health care is very, very big here in Pittsburgh).

Don't change out flooring to nice carpet, use inexpensive tile.

I'm looking in a lot of the surrounding communities for properties, but this is an area where the majority of people look to buy instead of rent, but maybe with the bigger boom in medical care, people may be looking to rent if they're here for health reasons.  

After many months be friending the homeowner and helping him get proper health care and a new home and close out the probate (because of his deceased wife) we were able to finally to close and begin work.

And, I know, supply and demand, people always need somewhere to live, but in a health industry, sub-par businesses will eventually fail. 

I set up auto pay to pay mortgage, HOA fees, insurance, and one non escrowed tax bill directly and on time.I set up auto transfer of funds for the reserves to the joint reserve account and transfer of cash flow to the joint collected cash flow account.We do a lot a travel in our retirement so I try to automate as much as possible.Yes I am new to Mint and it does consolidate all these as well as your personal ones into one place.I guess you could set up to Mint accounts if you wanted to separate business and personal.The AI features allow you to train the transactions Mint brings in to be: "Rental Income", "Rental Mortgage" "Retirement Income"in my case , Rental Tax , Rental HOA, and any other Schedule E items that you have each month. and other tax return categories like Health Ins, Dr's, Rx etc.You can "tag" each transaction for multiple search returns such as "tax item", "rental #1"I have found that with a mortgage from Wells Fargo, they don't charge or have minimum deposits for each back account.  

Do not attempt to take any shortcuts in this matter and put you or your maintenance staff at any health risk.

The thought of having the deal with local government building & health departments persistently finding problems, DEA agents, and possibly other agencies should the tenant do something illicit in their business is just not worth the rent, and or the xtra rent.  

In my GA market a huge indicator of financial health and good sense is if they have a bank account with more than the move in cash in it.  

My father-in-law's health has rapidly declined so we don't feel like we can just move without getting them to go with us.