Claire Shores, MI is listed as both R-1 and medical office.)

If the calculation is equal to 1 then you are not making money, 1 represents that you have enough cash flow to cover your dept. less than one means you were not making money and greater than one means you have a cushion and making money. banks look for above 1 because they want to make sure you will be making enough money to pay them back and that you will have the money should costs rise and change your NOI, I know my bank looks for 1.25 DSCR . usually they just do not look at the properties, they will look at your personal situation ( credit card dept, alimony payments, medical payments) especially if they want you to personally back up the loan. there are a lot of explanations and probably better than i explained, all you have to do is look up DSCR, hope that helps.

Right now I’m basically working in the medical field just not in my specific field of interest.

And through crowdfunding/syndications, you can access and diversify into other real estate asset types like debt, or commercial real estate (apartments, self storage, medical facilities, retail, etc.).

I wholesaled merchandise in the 1990's and needed to know a ton more about my product than my reseller clients. 

One of my best friends went to an out of state school for a merchandising degree.  10 years later she works at Dell as a consultant and still has $50k in student debt. 

Hello BP community, I was initially getting my degree in the medical field but I hit a bump in the road and decided to switch lanes and invest all of my time into real estate.

They told me nothing but the guy was a youngish doctor and he was having trouble getting a practice established but had been offered a teaching position at a medical school back east.

I am looking for a SFH or Multifamily in the Houston downtown/medical center areas.

For example, someone could have a bankruptcy that's a couple years old or medical bills (very common) or high student loans.