The remainder man had used this real estate acquisition technique at least 12 times buying property from elderly widows, paying them for the property in cash and granting them a life estate to remain in their homes.

When we bough it   it was true trailer trash and exactly as you described 82 yo widow whose husband started it and they ran it as there family income for 30 plus years.. by the time I came into the picture they were just about ready to lose it... ( which is when I usually come into the picture)  of the 14 existing MH that were all park owed..

Next-Door-Neighbor’s widow was then made a signatory to the Safe-Keeping- Bank-Account.

Identical brother was not in court to testify.There was the widow Brown case where an elderly woman, possible with dementia, did not understand the consequences of not paying the taxes.

Since this is owner occupied, I am not exactly sure the rules of depreciation, she is living off traditional IRA so tax write offs help, and does she lose the 250k capital gains exclusion (she is single/widowed) if she rents. 

The widow sued the investor that hired her husband, arguing that because he was an employee of the investor (and not an independent contractor), the investor is liable for her husband's death.

Many seniors are widowed and do not want to live on their own, or with relatives.

refinance would end up costing the grieving widower well over $100k if he sold!

Sure, the plaintiff's attorney will roll out the victim's widow and all the crying kids while trying to paint you, the evil landlord, as some callous greedy miser with no regard for human life or compassion, but the court will ultimately sort out the matter of law from the matter of fact.Just be glad we don't live in North Korea. :-)

The news coming back was that her apartment was full of spiders (black widows) and cockroaches....One of the last buildings I bought had similar problems and I have subsequently cured it with Pest Control.It appears that the other two tenants that I have not spoken to are Hispanic too.My question for you all is should I be making any effort to supply these people with Spanish language documents, i.e.