I have junk properties around the med center that stay full easily

If you want to live in the med center and still invest in real estate, it would make sense to rent close to where you want to live and then invest in cheaper properties that cash flow outside of the inner loop.

Something like a college town that has small to medium sized med center/hospital...you can toggle back and forth between short and midterm based on seasonal demand.

I was thinking about midterm rental by UCD med center, but the Elmhurst area is too expensive, and Oak Park is too dangerous in my mind.

A+ location (by our best parks, med center, museums, etc). 

Almost all our stuff is in montrose, museum, med center, etc.

But I'm not going to go negative on a property when I know I can make gobs of cash flow in Houston -- in areas that I know have had strong appreciations ("A" locations near downtown, med center, etc).   

Figured that that area is close to the med center and close to a major freeway interchange allowing for a quick commute in almost any direction.  

I have been impressed with the tenant pool,  mostly late 20's/early 30's state workers or UCD Med Center employees that are tired of midtown  rent increases and want a house with a yard but don't want to commute from the burbs.  

If you're a buy/hold investor, there are some great prospects that pop up around UVA for both college rentals as well as the robust medical residency program that UVA Med Center has.