As leases expire the major practice administrators either consolidate and relocate practices into large medical campuses, or negotiate leases with retail strip centers that have empty space and are willing to sign a long term lease at way below market rent to attract an “anchor”.  

There's definitely a market for MTR here in Houston, particularly with the Texas Medical Center here along with other major businesses.

A real estate agent shared with me a few tips on dramatically reducing design center costs with plate and Dreamfinders.

Said they were just looking but the call center booked a reservation. 

Typical assets could be retail shopping center, medical office, flex, free standing restaurant, daycare.

We will have an event at the Winter Park community center.

When it comes to real estate, here's a general list of eligible assets and their depreciable lifespans that you should know: Residential Rental Property = 27.5 yearsThis includes any building or structure where 80% or more of its gross rental income is from residential units.That means:- Apartment buildings- Single-family rental homes- Duplexes, triplexes, and quadplexes- Mobile homes (used for residential rental)- Any kind of residential lodging facility where the primary purpose is long-term rentalCommercial Property = 39 yearsThis includes non-residential properties like:-Office buildings-Retail stores and shopping centers-Warehouses-Industrial complexes-Hotels and motels that do not qualify as residential rental propertyLand Improvements = 15 yearsThese include sidewalks, roads, fencing, some landscaping, and parking lots that are separate from the building.Personal Property = 5 or 7 yearsPersonal property used in a rental activity usually has a 5 or 7-year life.This includes most furniture, appliances, carpeting and various machinery.Qualified Improvement Property (QIP) = 15 yearsGenerally, this includes any improvements made to the interior of a non-residential building after the building was placed in service, excluding elevators, enlargements, and the internal structural framework.Computers and Related Peripheral Equipment = 5 yearsVehicles = 5 yearsNote that land itself is not depreciable.

I currently own property and am actively looking for opportunities to expand into both short-term and long-term rentals, with an emphasis on properties that can cash flow today and appreciate over time.My strategy is centered on:Leveraging equity and creative financing to scale acquisitionsTargeting value-add and high-equity opportunities in growing Florida marketsBuilding relationships with local agents, wholesalers, contractors, and fellow investorsI’m here to learn from the community, share insights along the way, and hopefully connect with others doing similar deals.

Biggest challenge is to network to build relationships with rehab facilities, detox centers, IOP/PHP clinics.

Most of us on BiggerPockets love real estate because it gives us control and steady cash flow. But if your portfolio is only tied to rental properties, you’re essentially betting on one sector—and that can be risky.
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