And having cash reserves to pull from to avoid over-depleting long-term investments when markets are down (for retirees), is also wise.

Remember- policy loans are used to give retirees tax free income.

Peter, have some respect for a retiree...

For instance, a neighborhood right by a college campus, and/or near a trendy area that has the types of bars/restaurants and other amenities that attract young adults.  ...most young adults don't want to live out in a suburb surrounded by families and retirees, they want to be surrounded by other young adults; so it's important for the property to be in that type of neighborhood (otherwise, you may end up with a lot of vacancy).Good luck out there!

I interviewed felons, single moms and retirees.

I called a lot of people who were Coop experts and al said I was screwed because the investor ratio in the complex was over 57%I dropped my price all the way to $45k and sold it cash to a retiree who was downsizing.

I'll connect.For Palm Springs or Cathedral City and tons of other places in the desert, before looking to invest, even for retiree communities, MAKE SURE the park is not on Indian Land, or you will have to deal with the BIA and tribes - and  they have expensive lots and restrictive HOAs.

And we are seeing a majority of retirees, so jobs are not their driving force.

and we were a Bay Area Syndicator.. its a natural progression in that part of the world LOTS of retirees move to the foothills. 

They're mostly CA retirees, think the scenario is like this.