More $$ to leverage when you retire from the pharmacy biz....

In triple net food has the shortest life span for survival compared to banks, auto stores, pharmacies, medical care, etc.The consensus is food has been in over expansion phase the last 4 to 5  years.

Pharmacy school is extremely expensive, 40-60k per year.

There are condos that cost almost twice as much in LB with the same amount of rooms and baths but in less than convenient locations and with an estimated mortgage of $2000.The condo is walking distance (less than 5 mins away) to food stores and pharmacies.

Remember Dollar General is typically flat for 15 years just like pharmacy (CVS, Walgreens) so the dollar value deteriorates over time and location is not great with dollar stores most of the time.So Dollar store might start out at say high 6 cap or right at 7 but it stays that way versus  a restaurant getting 2% increases over 20 years the blended cap rate is much higher for return and location tends to be much stronger.

Depending on the practice you could use the drive through for prescriptions to pick up or have a mini pharmacy there.

Keep in mind NOT ALL college kids are the same, But if they choose to live in this area, then they are...If your buying in this section all the due diligence in the world wont help you.Now my suggestion is to move away from the "typical" Student rentals, You can still rent to other students Albany has Lots of colleges,  Target  med or law students or even pharmacy, This is a different neighbor hood, you will spend 30-50k more on a duplex, but will have a much easier go at it.Im not saying you should never rent to students, Im saying make sure you word your questions properly and work with someone who knows the area and what you want.

My wife racked up nearly doctor-level debt going to pharmacy school, worked as a pharmacist for a few years, and we decided it wasn't worth the 120-130 hour combined work week every single week just so we could pay the equivalent of my entire pretty decent salary in taxes.

For rooms you will get mostly lower budget health care professionals (OT, PT, Home nurse, pharmacy) most also don't want to share a bathroom although will.

My situation is that I graduated from pharmacy school 3 years ago and declared bankruptcy shortly after.