no extra charge to the elders. extra charge to the college students, yes indeed. mostcollege students are teenagers which are irresponsible.

They do allow some assets to be left for your mom's use.If obtaining Medicare funding for your dad's nursing home care is of concern, you should look for an 'elder care' estate planning person who can help set your parent's finances up to best meet their needs. 

I have some land on my property that I might turn into a building for elder co-housing, and I don't want to get in trouble with my neighbors.Any input on this would be appreciated!

This is hideously expensive.Closing Costs to Sell - ($300k * 3%) + flat fee listing $4500 = $13.5kNet Profit  - $ 20k House 2 : Single Family Home 4BR / 2.5 bath, 2900 Sq Ft Listed Price: $275k (would like to offer $260k)ARV : $420k (~$145sq ft based on comps)Closing Costs - $6k minus 1.5% kickback from buying realtor = total $2.1kFinancing- Assume I could use a conventional loan - 5% interest / 6 months= $6.2k (open to suggestions on financing)HOA - $300Taxes - $600 * 6 months = $3.6kRemodel Costs - $90k - The home has very dated finishings, definitely an elderly persons home.

Ive been living with my elderly mother for awhile in her house to help her with her with bills.

The elderly woman will probably be low wear-and-tear.

I have a little bit of insider knowledge on the house and (I think) expected value.The story goes like this : My father-in-law an elder at our church was sitting down at a church dinner with this fellow and the pastor and other elders.

I believe the owner was elderly and just wanted it off their hands (at least that is the vibe I got from my realtor). 

@Dan MackinAs an elder millennial: 1.

Warren Buffet has already called it.2) Slowing productivity growth.3) Labor shortages in elderly regions.