Yes, knight in shinning armor and a rust bucket shister later on.I learned that one too, if they can't make the PITI, it's doubtful they will continue to make the PITI at a higher rate plus rental cash flow.I'd look closely as to why the got in trouble, like medical bills or job loss, if those issues have passed it may work, if not, expect problems ahead. :)

Quarterly, the C Corp pays the properties' owner (the LLCs) the excess profit.The C Corp give me fringe benefits like wellness plan that reimburses all my out of pocket medical expenses, vehicle mileage use, etc...I could also use that C Corp to get W2 income and contribute to a Qualified Retirement Plan or I could just choose to lower the management fee to just balance the expenses and make a minimum profit to lower taxes.In your situation you are looking at a partnership.

. @ the big corporations (Agco, Excel Industries) I've got a good friend/ mentor who is redoing homes for rentals and does very well, although Newton as of late has pushed the medical field. which brings in more nurses and staff.

Lots of new jobs:  medical research, insurance corporate jobs, call center jobs and technology--and a lots of new micro-breweries. 

(Travel nurses, medical, Boing engineers, petroleum, etc)Rented as a SF would gross 1000/month but I got 600 per room. 1800 per month gross and lived for free.

Saxon Partners would target medical staff with 1 bedroom efficiency apartments.

General medical and surgical hospital concentration may be of interest to some.https://factfinder.census.gov/faces/nav/jsf/pages/...You can plug in the following selections, add your level of specificity, drill down and download:Search using...Program: Business Patterns Metro/Micro Statistical Area: All Metropolitan Statistical Areas within United States NAICS/NAICS Based Industry: 622110: General medical and surgical hospitals

I moved to Philly after college in 2012, and have been working full-time in medical research since.

Getting stated in this business is like being asked to perform a medical procedure on a stranger after reading a few chapters in book or attending an all day seminar.I knew I needed an education, a formula and guts to Fake it until I could make it.

Give it 10 years and the property will be valuable in and of itself, as developers will be looking to buy up the land to build medical office buildings next to the hospital.