This is usually with the elderly.  

These laws and special assessments are going to really hurt small time LLs especially many elderly people who are renting out their properties to supplement their retirement income.

Yep, in good ol' rent controlled areas of CA you need to set aside 20% of the rent for regular renters and 50% if they are elderly or disabled...to rebate back to them to get them to leave. 

Imagine 4 elderly people and their luggage in a YJ.

Hey guys, my elderly father sold his home in Phx,Az pre covid, since then hes been looking for a home to purchase cash with no success, hes basically looking for a 1000sqf +, 2br +,  lot 8000sqf +(not firm on lot size) in move in condition ,  Phx or surrounding areas for-$250k cash, yes in this market now its like trying to find a unicorn lol but id thought id post here to get some insight or information.We have access to MLS listings here in Az but only homes we found close or at that price range where in the south side of Phx and run down.

3) Appreciation over the next 10 years4) More elderly people that will need help5) Great cash on cash and equity buildupI asked him about the eventual exit and operator said "I could buy out the equity partner if they want an exit!"

The tenant in the rear unit is an elderly woman who has been there for 17 years.

The only exception to this is when the adult is fully dependent, meaning they are somehow disabled like an elderly parent or a mentally disabled, adult child.

Now, we are not in the business of evicting the elderly BUT realize this could be a potential investment opportunity.

One thing to consider with the elderly and SEC 8 is that many of them have custody of grand kids though.