Targeting the 60+ Year-Old Renter - Good Idea, Bad Idea?

[Abby Paulson]

A fellow investor recently said to me, "I want a 60 year old renter because they're stuck in their ways and I want them to be stuck in my home." 

If this is the target renter, you'd have to have single-story homes without stairs, which is certainly something to think about before buying. With the 60+ population growing as baby boomers get older, this could be a fairly good strategy at first thought. 

Curious to learn what others think of this concept. Please share!