They're looking for a single family home, budget $500k, and aiming to house hack a room to medical interns, residents, traveling nurses, etc.

We primarily construct commercial, medical, and industrial buildings with a strong history in pre-engineered metal buildings.

We are planning on a slower renovation for year one. 

So, our distance from the main area of medical services is hurting us, but the quality of our unit generates the interest.  

So my partner and I just started a short term rental business that mainly serves traveling medical professionals.

And I know quite a few medical professionals including nurses who are traveling nurses but I have never known any of them to run out and buy rental properties to rent out to colleagues.

when i recently made the big move from nyc to signal hill, ca, i could not get a mortgage cuz i write and wrote off most of my taxable income to uncovered medical costs (was blinded in both eyes couple yrs back while doing humanitarian work overseas, but can now see again after multiple surgeries), and relocation expenses for the past 2 years.so, i purchased at around market value with half a million in cash savings. it really depleted me, and by the time i'm done with rehab, will be BROKE!

This was done in an attempt to start to initiate a retirement portfolio as we haven’t really saved at all during the medical training process and my earnings wouldn’t really put us in a position to save until I was 32 (This year).

Certainly, higher cap rates can be found in other states (like those in the mid-west) but the long term asset value growth will be a lot slower there than here in AZ.

Saw slower bookings in Jan / Feb and back to school season.