Your story is amazing, and unique, buying your first investment at over $1-million. 

Hi Folks,Got a unique situation and wondering if anyone can weigh in - The previous owners of the duplex I recently bought had an auto turn on feature for their gas bill so that when a tenant moved out the utility was automatically put into their company's name.

We also have great college towns that offer a unique niche.

A commercial transaction may not be tainted later on by the principal or beneficiary of an entity by them moving in as an owner occupant.Things always come to the surface, a buyer tries to refinance, obtain an equity loan, takes bankruptcy, applies of medical benefits, gets sued, etc.Most real estate attorneys are not well versed in financial regulatory law, need to see a specialist. :)  

Panelists are:Rick Singh, CFA Orange County Property Appraiser Scott Boyd Owner & President Boyd Development Corporation Mark Hayes President & Broker Tavistock GroupTom Moore District DemographerOrange County Public Schools Joe Nunziata Co-CEO FBC Mortgage, LLC Niral Patel, MDPhysician & Founder Windermere Medical Center Where?

My wife and I have decided to purchase a property before she gets into medical school and we are no longer able to get a mortgage.

Everyone's situation is unique though and this is a planning exercise you should work through with a good professional who knows your personal situation.  

The good tenants may have a late payment once every couple of years due to illness or change in job or major medical or major car....and I mean like 2-3 days waiting on their most recent paystub.Then there are the others, always late and not realistic reasons (not that you need to hear it), but you can sense it. 

I enjoy owning because rentals usually are not that unique and were not neighborhood people.

Depending on how many years in you still might be paying off medical student loans and also equipment for the practice.Some docs do not own the practice but have Wellstar or similar run everything and they just see patients & do not deal with all the paperwork anymore.Your income should be great as a doc.