It's a good way to marry rehabbing distressed real estate equity capture with long term note income for retirement accounts for those that are interested.

For perspective, last April I closed on a new construction loan (build to rent) with a turnkey company there (Rent to Retirement).

Job, family, retirement, location, world, moving,  etc3.  

With stable tenants and money coming in every month there is little incentive to increase rents to market.

I won't be investing in the riskiest/most supportable asset subclasses such as hotels, and tilt my portfolio the ones that have historically been more stable such as multifamily and single-family housing.

A really nice home with some extra touches (a little granite, better flooring, nicer paint job, nicer cabinets, etc.) compared to the area will make potential tenants fall in love with the place.  2) Tenants that bring or can swing their own appliances are more financially stable (or just stable in general, ha!)

Though, if your client base is nice retired people, it probably won't matter.  

Now that we have significant equity positions in renovated, stable properties, we want to move into even better neighborhoods with better schools and we'd like to scale our business by purchasing newer and larger multi-family properties (rather than groups of duplexes).

Kind of marveling, in the back of my head, at how well REI supports retirement income, but not really groking it.

Rates are set based on the amount of non-retirement assets you have with Schwab.