Exceptions can be made, like the kids to live in while going to college or near elderly parents for example.

See the crazy lady's post below:LANDLORDS..... keep in mind when you say NO PETS you ARE discriminating AGAINST disabled people with therapy pets BEFORE they have even had a chance to get into your building.. like the blind who has a therapy dog, or the elderly who might have a therapy cat, or the CHILD who might have special needs only his therapy dog can do... and THEY CAN AND WILL SUE YOU to own the property you are trying to rent... so reconsider renting to them that way you collect the money from them and retain your property instead of losing the property to them for DISCRIMINATION... cause i have had enough of being discriminated against and i hope all DISABLED people with THERAPY PETS ban together!!

It's across the street from the senior center and new library, so I am hoping to draw in that elderly crowd as future renters and work on acquiring all the buildings around me as well :)Thanks for the warm welcome!

I hear there is an elderly widow who still owns a house.

This again comes down to the individual, I personally would not feel comfortable dealing with an elderly person if there was any question in my mind they were not competent.It is true that people will leave money on the table just so they don't have to deal with it, I do this all the time in other aspects of my life.  

These issues are magnified when you deal with the elderly, you need to take special care in dealing with an elderly individual. 

tenants who often are "renting" from multiple owners (often preying on the elderly whose properties tend to be more neglected and violations left uncorrected) and consequently subleasing out the property they rent to others, without owning the property nor paying rent on it, generating multiple streams of property.one dude i found to be doing this, while showing a few apts and having him apply to rent a 2nd at one of the properties i manage, when he had just put a deposit already on a 1st, when confronted, even boasted it's his and his 'homies' method of 'investing in the new economy'!

Thats conveniently left out of the analysis.I'm always suspicious of "investors" targeting the elderly population for any kind of strategy.

Hi Fellow BP members,There is this property for sale (4000sqft on a 0.6acre lot) that the owner (an elderly woman) inherited free and clear.

She was elderly and unable to talk on the phone.