For several years i took care of my elderly neighbors lawn care for free, because it only took an extra 20 minutes and I could.

The elderly  (87 yr) owner passed away at home.

Doing a seller financed deal that is so grossly out of standard dealings can easily be seen as predatory dealing.Guess you got a deal, actually I'd question that, I know things like that are possible with elderly sellers who don't have a clue, so I'll just assume there were other issues as to negotiation getting that kind of spread to the appraised value.Top it off, you did a Rent-To-Own deal and a non-refundable "deposit", well, no RE deposit is non-refundable in any state under a lease, deposits are to secure performance or are credited to damages, deposits are not down payments or an option price.

@Jason BrownA lot of elderly people don’t feel comfortable doing anything other than writing a paper check and putting it in the mail.

@Albert Bui - Its a much more complicated sale, but if an elderly client is healthy and capable of qualifying for life insurance, then a maximum over-funded MEC will provide more retirement income than the same amount of money going into an annuity.

Situation;  Elderly Seller bought their Triplex home for around $350K Many Many Years ago.

Elderly mother can help with $ but is not rich herself and obvi taking retirement $ from one's parents is a worst-case scenario.

She was real upset for her elderly parents who those animals now living above their heads.

Hi Everyone,I have run into some obstacles when scaling our business recently, and today I had lunch with a peer 20 years elder who could have saved us much time and resources instead of reinventing the wheel.

Also look for Weber,Rich and Box Elder counties esp around Bear Lake good place for short term rentals as is Eden and Liberty.