I have a feeling a lot of the rental market is extremely sensitive to U of A being in session (this place is 3 miles away), so i have no idea what i could fetch for rent on this place.

Just the time sensitive. 

Seniors of course have the added burden of medical care as they age.

@Dominique Pradel-LewisIf you are investing in real estate or anything that involves time sensitivity I would not recommend equity.

They don't have reserves, so any hiccup (an unexpected medical bill or their car breaks down) means that they are probably going to be late on rent.

How about the 31099 area code near the medical center and USAA?

That address is in 78201 not 78207. it is right off the main street that goes from downtown to the medical center.

Gate opening; motion between the hours of 10pm to 8 am; Size of motion- cat, dog, person- you can adjust the sensitivity; you can view all cameras on your phone at 3 am in the morning for example.2. 

My cousin recently started medical residency in Springfield, IL and the houses there are cheap enough that I can buy them in cash (which is important for me since due to religious reasons I can't get a loan/deal with interest.) 

Is there a nearby hospital that attracts traveling medical staff?