It has created way more winners and retirees than the casual home buyers.

I would say that you are correct about Prescott having a shortage or rentals, but it also a snowbird and retiree neighborhood for Canadians, Californians, and east coasters.

Generally speaking I advise people to take on less debt as they get closer to their retirement age -- it reduces risk, and provides more cashflow -- often exactly what retirees or near-retirees are looking for. 

Investment costs would be $300-$400 vs $1.75 million for building 11 units.The benefits I see with selling the Tiny houses is that there are flip profits, lower maintenance as owners are responsible for their houses, much lower operating expenses and interest earned, pride of ownership, and truly affordable housing for the millennial and retiree crowds.

In a few years, we will face an avalanche of retirees and a significant decrease in the number of births.

Retiree Magnet: Florida is a popular retirement destination, attracting retirees from across the country.

However, some plans may allow former employees, such as retirees, to take out loans as well.

Consider expanding your search to emerging neighborhoods or suburbs, target niche markets like students or retirees for more stable demand, and renovate units for increased value and potential higher rents.

That is an inherent risk to everyone, but especially early retirees.  

Have you looking into the Navarre Beach or Panama City Beach Market: 1 Location: Located on the Gulf of Mexico, offering beautiful beaches and crystal clear water. 2 Lifestyle: Navarre Beach is known for its laid-back, beachy lifestyle, making it a popular destination for vacationers and retirees. 3 Investment potential: Property in Navarre Beach can be a good investment since there is tons of new construction occuring on the beach and inland. 4 Community: Navarre Beach has a strong sense of community, school systems with many local events and activities throughout the year. 5 Natural beauty: Navarre Beach offers a variety of natural beauty, from the beaches to the state parks and nature preserves. 6 Quieter: Navarre beach is a quieter alternative to the busier beaches of Pensacola and Destin, but still close enough to enjoy the activities and amenities of those areas. 7 Military friendly: Navarre beach is home to Hurlburt Field Air Force Base, making it a popular destination for military families and veterans. 8 Affordable: Navarre beach offer a more affordable option compared to other coastal towns in Florida, making it accessible for first time buyers or retirees.Rentals, appreciation and gentrification is happening in these areas with new price point emerging due to infrastructure being built out.