I believe all along he was just an elderly tired landlord.

If she's elderly it may benefit having a smaller place; a condo with zero maintenance, 2 bedroom apartment, or something fit to her lifestyle.

I previously never saw life in the house but the other day I saw an elderly gentleman enter one of the units.

Did you unexpectedly lose your job, get sick, disabled, divorced, married, or have to take in an elderly parent?

It would be affordable monthly payments to an elderly person who is likely to take good care of it, not flake out and vacate, but can't have rent increases because he/she might be on fixed social security income.

I've sold options to elderly couples and I've sold homes at $80k+ over market value to new investors.

In addition in some states the actual property tax may contain discounts for the elderly or homesteading (owner occupied) status. 

NJ not so sure but NJ had a lot of cases.Then when you dive into the data for NYC, you notice that Covid was harsh on 1) Elderly people 2) People with preexisting conditions 3) Obese people 4) Low Income people.

I’m a recent college graduate and I am trying to help my mother but her first home. She wants to open an Adult family home in the Seattle Metro area. We have been having trouble finding trustworthy Real Estate agents ...

Elderly need Cash Flow, younger folks who are working, can wait for appreciation as long as the rent covers expenses.