I don't feel the current tenants are using the space to its potential/set-up and currently, there is an elderly scent as well.

In that same market there is someone looking to sell their home and through appreciation are going to make a great return on their house which they could use to retire early, upgrade, cover assisted living for the elderly, give to charity, or make it rain at the club. 

The owner is elderly and is wanting to sell her 3 bed/2 bath ranch style home for 300K (neighborhood comps are between 320-330K). 

I know many wholesalers and most of the trick’s although they wouldn’t put it this way exactly revolves around taking advantage of elderly and unsophisticated home sellers.

So the worst long-term effect of the 2008 meltdown here is that we STILL don't have enough people to fix the elderly housing stock we have.

They were fairly elderly and very nice.

The owner is apparently a bit elderly and was busy selling a bunch of other properties for a while and saved this one for last to give her time to back on her feet.

The family friend, who is elderly, made an off-handed comment to my MIL about buying the place.

(SEO ahem cough cough).Or "FREE motivated sellers.. here's how"...and then they will tell you to go to the elderly home and sit next to their deathbed trying to get their house under contract.

Medical users are moving into strip malls, which is worth considering as that use will continue to be in demand with the growing elderly population and is not generally impacted by current conditions.