He says a lot of these buyers putting down a ton of dough are retiree cashing out their savings plans.

Is it populated by retirees ?

George, employers are important but all those smaller towns you named attract retirees that don't like to drive in big cites and need to be near doctors and social activities.

I also primarily target retirees and seniors.I usually advertise 2 months ahead of a vacancy allowing applicants sufficient time to give notice to their landlords.

One broker I know there will not even take properties in certain areas for STNL listings because he cannot sell them.Florida is a more warm belt state where retirees are migrating to along with GA, TX,AZ,  etc. 

He would do something along the lines of a SAFE note, where the note will be secured by future equity, and primarily looked for investors to loan that had unallocated capital but wanted cashflow (retirees, people with little time, or people that didn't have the skills to find assets that made sense financially).

I see UTC as both a draw to the youth and retirees since one is able to take public transportation to employment centers of Sorrento Valley, the entertainment of the UTC Mall, get to Petco Park, Old Town, Downtown San Diego Mission Valley.

I have had some advice that the target market is: retirees, probate and divorce attorneys, builders and title companies.My question for the folks out there is, what is your experience with the supply and demand for seller carry back notes? 

For example, in my area, there is a community were the lot rent is over $1000/month, and there are so many homes for sale (because the retirees don't want to pay that much), the median home will sell for $25K.

In the right location, they are quickly becoming a permanent living solution for retirees on a budget.