Investing in 55+ Communities (Pros & Cons?)

[Jonathan McEntee]

Good morning everyone!

Just wanted to get some insight from investors that have or are currently flipping and/or renting properties in 55+ communities in Arizona. I work with hundreds of investors across the state and a majority stay away from 55+ communities. The obvious con I see is that your target re-sell market is smaller and HOA's can be high with strict regulations. But what are some pros? Why do some investors prefer 55+ communities? Any feedback is greatly appreciated. Thank you.

Happy investing,

[Andrew Postell]

@Jonathan McEntee this is the BRRRR forum and most of us are "buy-and-hold" investors. If you want some feedback about flipping just post this in the Flipping forum. You'll get a few more responses there. Also, if you are asking about local advice specifically then hit up some local real estate groups in your area. Meetup.com is a good resource for those but some of the groups will also post here on Bigger Pockets Marketplace too. Even facebook might have some good local groups for you. But post locally for this. That's the best bet.