A few of the projects I mention in my previous post have either been completed or have broken ground: https://www.biggerpockets.com/forums/925/topics/1164202-folsom-could-see-over-500-000-square-feet-of-new-doctor-s-offices-and-medical-clinics

We are currently looking to acquire in Texas a medical building for about $2.4 mil all in (purchase and rehab) with hard money lender with about 20% down at 8%. 

That’s a lot of life change happening at once — exciting, but yeah, timing matters here.You’re right that being near a hospital makes your garden unit a prime candidate for mid-term rentals (MTR) — travel nurses, patient families, medical staff, even corporate relocations.

The report highlights Houston’s internationally diverse population, major corporate presence and status as home to the world’s largest medical complex as the key contributors to its global standing.

It’s a townhome located near a major medical area, so I’m targeting traveling nurses and other professionals looking for 1–6 month stays. 

They appear to be really soaking their unsophisticated investors, my guess they focus on doctors, and it's a risky place and time to be buying too. good luck4/18/24 update, i don't mean to dump on them, Viking Capital LLC.

Assisted living is usually classified as a medical/long-term care use and often requires:• A conditional use permit• Public hearings• Compliance with fire, accessibility, and staffing rulesBefore you spend a dollar, confirm the municipality will even allow the change of use.2.

Travel medical professionals were our target when we first started but we are seeing a lot of non-medical workers that come to our area.

It’s best to use someone who is repeatedly doing what you’re trying to doDon’t go to an eye doctor for hand surgery. although doctors are usually smart enough to tell you it’s not what they do. 

Three of my rooms are rented to medical students.