To be fair this can easily happen if it’s an elderly person.  

It appraised at 50k and it rents out for 845/month to a very nice elderly woman and her sister

., on anyone over 18, even if a dependent like an elderly parent or college student living  at  home. 

Next time it may not be.If you decide to choose the younger couple out of fear, both applicants being equally qualified, this will result in age discrimination against the elder applicant.

We have several low income and/or elderly tenants who prefer to pay by check/money order and mail it to us.

I don't think Cozy would work in my situation because of the different backgrounds. ie. some tenants are elderly and don't understand that stuff, I have a tenant who is mentally disabled and wouldn't be able to do it and several that are low income and like I said before, only deal in cash. 

They would call me and I would go pick it up because they were elderly and could not drive.

I can certainly appreciate the legislators wish to prevent unscrupulous financial advisors from preying on the elderly and other non-sophisticated investors, but as we know, unscrupulous financial advisors will still find a way to operate within any rules that are set.

I'm not a 1031 exchange expert but have bought and sold 6 properties this way in the past 2 years (1031 exchanges)Would be glad to help how I can - can also give you some tips on what I've learned may be beneficial for estate planning as far as navigating Assisted Living/Medicaid HCBS etc - (Tip - unless you want your mother to go private pay in assisted living and drain all your money you may want to start getting assets out of her name now - guess it depends on where she'd want to live and how much you want to spend) -- Anyways we've been trying to become experts at our facility on HCBS and the different waiver programs (specifically Physically Disabled - which your brother may fall under at some point and Frail Elderly which your mother can fall under at some point)

That is not the reason they are not paying unless they are very elderly and not great with technology.