looks like opportunity?

[Andrew Davis]

im new to real estate investing and still soaking up all i can. In my area there is a senior housing community consisting of aprx. 1500 homes most of which were built in the 60's. it seems that a different house on every street is for sale every month and the area seems to have a high turnover rate, probably due to deaths or movement to care facilities. most are priced from the low 100s' to mid 150's and anywhere from 800 to 1100 sq. ft. unitl recently there was only one real estate agency dealing with this are area and within the last 3 years remax coldwell banker and prudential have been in the area. the community also has a golf course and a country club.

it seems like theres plenty of money to be made in this area. not sure how though.. any suggestions? ive looked for other posts that relate but havent found any. do investors just steer away from these sort of properties? our town has a large senior community and it grows every year