What do other property managers consider, actually do, or add to their tenant screening criteria to cover retirees?

I own my house outright. I have approx $10m in retirement accounts. The target property is around $1.5m. What’s the best strategy to buy and finance?

[1] How are retirees living on rental income supposed to pay their mortgages?

Understanding not just the comps, but also who your buyers are and what they value—like ranches over split levels for retirees—is such a game-changer.

It is close to the downtown area but the majority of area is bigger lots and on the other side of a prominent hill that gives it a more out in the country feelFoothills is the most exclusive areas with higher price points and lots of upper end shopping and diningMarana and Oro Valley are the newer "suburban" areas of Tucson that have the laid back walking and biking paths, golf clubs, snow bird / retiree type activities that draw visitors in and then get hooked and eventually buy homesIf you haven't tried Tucson yet, there is quite the variety and with snowbirds leaving, there are plenty of current STR's ready to host you as the summer warms up. 

Smaller homes are not for everyone, but they almost always work for two very important parts of the homebuyer demographic: retirees and first time homebuyers.

Urban areas like Austin and Dallas are appealing for growth potential and job markets, but the suburbs and smaller towns offer more unique opportunities (lower entry costs and a steady flow of families and retirees seeking affordability and space).

Add in demand for the land itself, increase in the younger generation aiming for household formation, in-migration to Florida from retirees or from other relocations, and your observation is spot on.

Known for attracting retirees, snowbirds, and international buyers, Florida’s real estate market sees consistent demand regardless of the season.

Start building relationships with retirees who want a better return on their money.