We live near a lot of hospitals and are planning on using this money to buy small multifamily properties and renting them medium term with traveling nurses. 

I am new to Real Estate and plan to use the BRRRR strategy to purchase my first property.

It is so helpful for me to really get a grasp on our current reality and plan for our future.

My investor plans to rehab and rent out the property initially and develop it later on.

If you're living there and you plan on living there for a little bit but I don't see what the harm is in it especially if you want it. 

He does not plan to reinstall it.

Despite these, the successful sale at $658,000 highlighted the importance of strategic planning, effective project management, and strong partnerships in maximizing profitability in real estate investments with Partner Driven.

My wife and I are jumping in head first into a new real estate plan and I'd love some advice on how to property structure our endeavor.

However, @Bruce Lynn provided a great reminder to remember all of the expenses that could be included in your cost basis; again, a CPA advising you specifically would be the the best bet.

There isn't the same level of regulation or scrutiny as with residential lease options, which are subject to specific tenant protections.Flexibility: Lease options can provide flexibility for both parties.