Purchase price: $95,000 Cash invested: $55,000 Sale price: $215,000 Pre-foreclose, elderly person living in the house in a extreme poor condition , we offer alternative for his living , We help the owner with a better place to live , we help the bank by giving them Money for a deal that will take a lot of money to be back and functional , we hale the neighborhood by eliminating a house that was a close to tear down and in a bad shape , What made you interested in investing in this type of deal?

And so on...I live in an area with lots of retirees and homes that are fitted for the elderly sell much faster. 

Avoid section 8 tenants unless they are elderly and sober.

When a tenant can't pay rent on their own and relies on Section 8, mom, or their elderly uncle, that's a red flag that other issues will pop up.

How would go about finding elderly to fill occupancy for a small independent living facility?

The seller is elderly, has no mortgage on the house, and has already moved out.Thank you !

I am new to BP and investing in general but believe we have a great opportunity to pursue that I am looking for advice on.We have an elderly neighbor that has been moved into an assisted living home due to health decreasing.

It may depend on State law..... and/or your Lease I suppose...I have had one elderly tenant pass while in the hospital. 

He’s an elder guy.Would a Quiet Title (after the husband acquires 1/7 ownership) help clear this title if there are no other owners alive?

Live in one of the bedrooms and rent out the other bedrooms--elderly, college grad students, military folks, visiting nurses or doctors all do well as roommates.I had a friend who did this and got $500 to $750 a month for each of the bedrooms he rented out, plus they split utilities.