If they have medical debt on the history that is always taken into consideration by some landlords.  

She proactively asked her landlord if she could get a 2-week extension so she could help cover some of the medical bills. 

That and the medical schools and even the Masters made it an attractive location for me to invest in.

This way you will control the replacement property and then exercise your purchase option when you are ready to do so.4) Consider purchasing your replacement property first by structuring a Reverse 1031 Exchange transaction, which allows you to close on your replacement property and then sell your relinquished property within 180 calendar days after the closing of your purchase of your replacement property.5) Consider identifying multiple properties by using either the three (3) property identification rule or the 200% of fair market value rule in order to give you more properties to select from.6) Research the idea of including syndicated Tenant-In-Common Investment Properties, Delaware Statutory Trusts Investment Properties, or Net Lease Properties as backup identified properties.As you can see, there are multiple ideas/strategies that can be used in order to minimize the risk of not being able to acquire replacement property identified during your 45 calendar day identification period.

In an adjacent area, there is a huge medical complex that was being built.

Maybe this post isn't original, maybe some already had this problem but I couldn't find a message thread about it so here goes.About 5 years ago I purchased a house near my medical school since the school did not have student housing on campus.  

However, the purpose for our portfolio is to have sufficient passive income in retirement to make sure that my future medical expenses will be covered.  

Seller financing can cause you more grief when they do not pay - as you then need to foreclose - and wear more costs.If the buyer is serious then sell them an option to buy - use the Installment approach - which means they must make progressive payments until exercise day.

Buying bank owned a financial exercise.

It's a nice property, and I think with a modest rent increase will provide a good cash flow.Problem is that I just closed on a triplex last month and that exhausted most of my "investment" account, so I'm thinking of offering a Master Lease with a 2 year Option to purchase.Off the cuff, I'm thinking this:$110,000 sale price, $7,000.00 (enough to cover real estate commission) for the option fee to be applied toward down payment if/when I exercise the option.Payments of $500.00 per month to the owner, with $100.00 per month credited toward the down payment when the option is exercised.Projected cash flow would be about $550.00 per month after all expenses and reserves, so I'd recoup my $7k fairly quickly, and I'd like to be able to assign the option just in case I get into a bind down the road.Am I on the right track?