Flipping In a Retirement Community- Can it be done???

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Hi Everyone,

Just curious, would you ever flip in a retirement community or have you, and what was your experience? I live near one. A lot of people inherited these condos there and are interested in selling for whatever reason. There is a hefty HOA, but as long as I buy low enough to hold it for 6 months, I don't see a problem. I'm sure there are some regulations and qualifications I must meet in order to buy there, and I still need to look into that.

But overall, I see a lot of buy/sell activity, so its not a dead area.

Just wondering what your thoughts were. Have you done flips in senior areas? Good experiences, bad experiences?? Anything I should think about before I get into this?

Thanks BP!!