I live in the Santa Clarita Valley as well, I'd be happy to join, however currently I am in no place to start investing as I am still finishing out my senior year of high school and also finishing my real estate courses on the side. 

Here in my area where homes are in high demand, I've seen seniors sell their homes, use their profits wanting to buy a MFD home, pay cash for it, and use their SS and other income for paying space rent, utilities, etc.

Channel 6 maybe.....wrtv6....also you can tap into the citizens app too

@Marcin OzgaI'd get a brochure or two for senior living facilities nearby and hand them to him if he came knocking again.

Hi all, We have a rental property which had a HO3 policy with Heritage, we got a good deal with Citizens to swith to tenant occupied.

Difference between newbie and senior investor:Newbie thinking from financial side on paper return.Senior investor think about capex/reserve/tenant/home condition.By the time he got third property and different kind of tenant or house issue they would forget about this question.The newbie investor keep thinking managing SFR is just like opening CD account.

2 multifamilies in different areas, 2 SFRs in different areas, a college housing situation, a senior housing situation, a retail building, a medical building, etc.

So if you want to attract mid-level/senior enlisted and offices, go look up the BAH for an E-5 with 10 years or an O-3/O-4 with 8-10 years.

Gentrifying neighborhood half-mile beyond CBD, attracting young families and seniors.

HUD may require they perform any deferred maintenance on the property prior to/ or a holdback from the loan closing of the reverse mortgage which also benefits the cash strapped senior.