If you are buying outside of your area make sure to budget your travel cost or a consultants, because if you, or your representative do not visit your project, it will go poorly.

Or buy a 2/2 Condo....you and the spouse live there and you rent out the other bedroom to a traveling nurse.

Then of course COVID had different plans for me, lockdown's, in state travel bans, no AirBnb's allowed, etc. so my wife and I stayed there and used it when we were finally allowed to drive up there again last year to finally fix it up a little bit. 

@Josh SmithWelcome to Biggerpockets.The Yankees playing spring training in Steinbrenner Field in Tampa, Florida.It may be nice to house-hack near there so you don't need to travel too much during that period.

Does this apply to other expenses related to real estate investing such as travel, food expenses as well?

We may even furnish & pop that one on AirBnB as a short-term rental (if anyone even ever travels to that area ~ it's pretty remote but has a gorgeous river up the road).Asking price:  $450,000Income:  currently $450 per unit with 7 units occupiedExpenses:  dumpster $130/month, prop tax $3800 annually, haven't gotten insurance quotes yet, she said there is a well house between every two units, and I'm not sure what expenses are associated with that if any, no rehab neededI feel they are probably priced below market but haven't had time to do my research in that area yet. 

Check out Travelers for a fulltime homeowners insurance with adjustment for airBNB  or Safely.

I am planning to house hack the place and convert part of the house to a Studio with private entrance to rent to traveling nurses (current plan).

I furnished the top unit and am renting it to travel nurses as its close to the hospitals.

Also do not count out MTR platforms such as FurnishedFinder and Kopa to rent to traveling nurses and young professionals.