Flipping/Renting in 55+ Community.

[Jonathan McEntee]

Good morning everyone!

Just wanted to get some insight from investors that have or are currently flipping and/or renting properties in 55+ communities in Arizona. I work with hundreds of investors across the state and a majority stay away from 55+ communities. The obvious con I see is that your target re-sell market is smaller and HOA's can be high with strict regulations. But what are some pros? Why do some investors prefer 55+ communities? Any feedback is greatly appreciated. Thank you.

Happy investing, 

[Wendy Patton]

i live in one in AZ not far from Sun City and I don't think we have many rentals.  AND.... some of the HOAs are particular about selling to too many "llc or investor types".  Check out thoroughly what you want to do, but I agree the age limit can be constrictive if things get tight in the economy.  Right now it is hard to find rentals in my area.  I am 25 min from Sun City in Victory/Verrado Area.   (for the winter and MI in the summer)