I wanted to see if any of you have any experience using what is known as a   "physician/doctor loan". this type of loan is available for medical professionals (dentists, podiatrists, surgeons, etc) that usually lets them borrow about certain LTV limits and not have to pay PMI. the down payment requirements are usually a lot less (sometimes as low as 3-5%). 

They are in a bit of distress as they tried to make the project condo sales and the sales were slower than they estimated so they are converting to apartments.The bank needs a personal guarantee from my partner and I and the $1 Million in equity will be used for the following:$500,000 Construction Equity (Lender)$150,000 Marketing Lease Up Cost$350,000 Land Loan Buyout The owners have a GMP contract with a Trinity Construction and Management Corp in Mass who will be bonded and there is a $500K contingency.There is a lender with a term sheet for the construction financing with great terms. 

Turns out that there are some big things happening there with job growth and a new Medical School.

We've increased our liability coverage - I don't trust Airbnb's "million dollar guaranty", as it specifically refuses to cover medical bills, accidents and such and only pretends to cover personal property.

Either way, even if you're just providing room and board and telling people when they need to take medication (not administering it) you still need a license. operating this type of facility without one is illegal and a person can be charged $500/day per person if I'm not mistaken. 

Intel is a great example, who is building the largest chip manufacturing plant in the US right here, and it will be a $20 billion dollar investment that brings a few new thousand jobs.https://www.dispatch.com/story/business/2022/01/21/intel-ohio-building-computer-chip-factories-licking-county-jersey-township/9173472002/ Another example of economic growth is the upcoming Ohio State University Wexner Medical Center Inpatient Hospital which is a 1.9million square foot hospital that will bring over 800 new beds and a thousand new jobs. https://abc6onyourside.com/news/local/new-osu-hospital-expected-to-transform-health-careHere are a few more recent investments https://www.10tv.com/article/money/business/hydrogen-power-company-hyperion-bringing-700-jobs-to-columbus/530-25907aab-5517-4661-a9f3-d2ed2d5be6b0 https://news.wosu.org/news/2022-02-08/rumpke-to-build-50-million-recycling-facility-in-columbus Check out The Complete Guide to the Columbus, Ohio Real Estate Market which goes through the Columbus, Ohio market in depth and will give you a better scope of where the highest levels of growth are taking place and where to look to invest.

Aren't medical expenses tax deductible for all individuals that itemize their returns already?

About 5 ago, my wife had a life-threatening medical problem and required major surgery.

I know the area around the hospital isn't bad, good for medical residents, but I'm sure those prices are higher too.

In the end I believe they settled for minimal medical bills before any rulings.