I find often times elderly sellers appreciate an income stream more than a lump sum since most run to the bank and deposit it anyway. $60k sales price 10% down from your SDIRA and monthly payments you can both live with?

Her mother is still alive, but elderly and handicapped, therefore, she would prefer not to 'use up' (lower the net value) of the funds in case her mother needs assistence back from us.

How's this for a "situation":The owners of record are elderly, are divorced and never did a property settlement, so they own property together.

I have not spoken to the owner yet (but will) but my friend also said that the property has had full vacancy for over 3 years (mostly elderly people), Utilities are metered individually, refrigerator, gas range, washer/dryer hookup in each unit.

She is elderly and sounded not of sound mind.

Another aspect of doing business with elderly seller, make sure you ask the seller how the deal will fit the needs of his family!!!!!!

Elderly single tenants are also usually good section 8 tenants.The rent comes like clock work being direct deposited into your account.

The dilemma is that it is currently tenanted to an elderly couple, they are not under lease and she said they are good tenants who would love to stay in the property even if it's sold.

Can't do owner-occupy right now;elderly father is very ill.

Convince elderly people to sell you there house and move them to a nice retirement community where they can play shuffleboard.