Here in Houston the economy has been on fire for several years, driven by the energy industry and, to a lesser extent, medical.

NO OFFENSE TO THE PROFESSION OR NEED, BUT IT IS MEDICAL SLAVE LABOR IN MANY REGARDS.

We have a tenant who occasionally falls behind by a few weeks because of ongoing medical issues with her son, but we know she's good for it and eventually catches up.

You should be buying houses with your W2 and eventually, medical office, and commercial.  

The Medical City in Lake Nona has been the hot topic for a while now, might be worth checking that out.

You will be 800k all in ( 650k buyout ) for a monthly rent of 8,250 and your estimated costs of 1,700 a month = 6,550 a month.78,600 a year net pre-tax.You are getting about a 10% annual return on your money but is based off of one tenant.Office is generally not NNN structure unless medical.

They are mostly professionals and students coming into the area for an internship, rotation (medical students, PA students, other healthcare professions), moving to the area, or are here on buisness.

@Julian Buick@David FaulknerReasons an individual  note holder might sell a $20,000 UPB for $12,000 right now:Death, illness/medical bills, qualifying for government benefits, nursing home costs, bankruptcy, divorce, law suits, business needs, their grandchild gets arrested for drugs and needs an attorney, they may have 90 days to move granny into their home and must remodel accommodations, they may be tired of collections and the tax headaches and servicing.

The vacancy number is the one I hope to NOT have to worry about - this property has been continuously rented to medical and dental students for the last 25 years, and most of the new tenants are referrals.Thanks for the feedback!

I rented out rooms in a house that I rented, with the owners permission, to medical students doing externships in Seattle back in the 1980s.