We believe that even in a worse (pretty unlikely) case where ALL of our at risk tenants fall behind, we will be able to mitigate our impact by bringing currently empty units online and targeting markets like section 8 or retirees who will still be able to pay in a severe recession.

Rent and sales prices will continue to be buoyed by high population density and a diversity of population growth factors: job growth, organic population growth (births), and domestic migration (retirees and so forth).

Not only is it mom-and-pop owners who are going to be smacked in the head by this there will be a noticeable negative effect on retirees' money. 

It's really a place for retirees. 

I am not talking about the retiree population.

Which is why a lot with infrastructure is a craigslist asset looking for a retiree who wants to add their own home and live cheap.  

I have a few types of rentals, and I am mainly attracting 1st time renters with good jobs/college graduates, retirees or divorcees. 

They're mostly CA retirees, think the scenario is like this.

Then I'd become a normal retiree with a traditional pile of money.

I'm asking about the feasibility of a rental scenario for a parent who is set to retire. A parent wants to sell their 450-500k home with about 150k in equity before they retire to a tax friendly state. They would use ...