I am in preliminary negotiations with an elderly man (85 years old) to purchase a fourplex using owner financing. 

For many homeowners, particularly the elderly and those on fixed incomes, this cap can provide much-needed relief from what has been described as a “backdoor tax increase” due to rising property valuations [5].Long-Term Benefits and Potential DrawbacksWhile the immediate benefits for current homeowners are clear, there are several long-term implications and potential drawbacks to consider.

People have mortgages, kids in college, caring for elderly parents or kids with special needs/ Many of them now have no idea what life is brining for them in the near future.

If they are elderly or disabled the court can grant them up to a year to remain in place (they do have to pay use and occupancy during that time).

But you might be better off just loaning them the money, especially if they are elderly. 

Some trash companies have a service for an extra charge where they will wheel it out to the curb, because handicapped and the elderly often can’t do it.

My mom graduated from Elder High School and her family is from Cinci! 

Hi Olivia,As a Property Manager myself, I've had to deal with tenants (mostly the elderly) who don't want to use RentRedi to pay for rent and input maintenance requests.

I prefer elderly.

My elderly grandfather owned a two-family home in the area, but over the years, the property had fallen into neglect.