I made one exception and he has paid 1 late fee.  1 year ago he was hospitalized for a few weeks with serious medical problems. 

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.

There will always be REI to be had, and as it looks like we may be nearing the top of this cycle, you may find that you end up in a better position by waiting a bit and buying the dip. secondary and tertiary markets dont get hit as hard by that dip, of course, but esp if you're looking in any primaries (memphis, SF, SD, NY, Seattle, Chicago etc) keep the swing in mind.

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.