He was very patient with us as first time real estate investors and went to bat for many different properties for us.

I am interested in hosting Transplant patients,TNs ,Medical professionals, PHD STUDENT'S, working professionals etc.Do you think it's a wise decision, this is my first investment.

My advice to you is to be patient,continue saving, and always look.  

You might find something that is turnkey as a multi in good areas but I would be patient. 

If you are patient, you can get 1% deals in Maumelle, WLR, and definitely Central LR. 

A website and legit reviews on Google   Actual truck(s) with their company name and phone painted on it   Not Bob’s Handyman on a magnetic sign attached to a truck falling apart A company which does the repairs first, sends and invoice and gets paid afterwards For years I tried to use handimen and in the end it cost me a ton of money from crappy work to missed appointments etc etc Keep in mind these people will be booked a few weeks to a month so I make myself be patient.  

If the exiting  tenants don't care and they are dirty you will need to wait to move out clean it and be patient with applicants not to take the 1st one that needs a place immediately because they could be a bad applicant that was evicted and is homeless and living with family. 

For my own personal satisfaction, I would like updated properties to rent out, not old ugly ones (plus it will help when it's time to sell one day) ;)Regardless, but especially in the case of properties with below average rent or that are outdated, I'm wondering what to make of these situations:1.

We're being patient and are in the middle of one now.

Be patient and consistent and do not be afraid.