And many of these investors were extremely sophisticated and savvy hedge funds and pension funds, including hundreds of educated retirees and professors and mathematicians and people with long careers in finance.

Quote from @Robert Harris: Hello allRecent Retiree looking into investing. 

Quote from @Jeremy Horton: It seems like there's a theme here - IF you do/want to live off cash-flow it's going to take lots of time or money (15+ years in most best cases - this is synonymous with paid off properties), good timing (prices and rates), special circumstances (single, no kids) and on top of that many "retirees" still "work" in the RE industry somehow, whether that's managing tenants/properties, managing rehabs, acquiring deals, analyzing deals or becoming a syndicator and hiring some of those jobs out so they're only doing the higher level stuff. 

Other Filters:HOA or no HOA (most investors prefer no HOA).Tenant profile (families, students, military, retirees, etc.).Exit strategy (will it resell well to homeowners if you ever want to exit?).

Unfortunately they are retirees in Los Angeles paying an affordable rent controlled amount so they are hesitant to leave.

Ocala, FL* Fast-growing, great for retirees, strong rental demand* Duplexes or SFHs around $280k, many with newer construction* Florida has no state income tax, boosting your net returns3.

With proximity to Boston (60-90 minutes) and a growing remote workforce, these markets offer undervalued properties with high upside potential when developed with the right partner.Market AdvantagesDemographic ShiftsBoston metro professionals seeking affordable housing with more spaceRemote workers migrating from high-cost urban centersGrowing retiree population from MassachusettsEconomic DriversLowest state taxes in New England (no income or sales tax)Strong regional employment in tech, healthcare and manufacturingExpanding broadband infrastructure enabling rural workSupply/Demand ImbalanceLimited new construction in rural townsAging housing stock in need of renovationHigh barriers to entry for large developersTarget Investment Strategies1.

Start by building a relationship with the seller and understanding his goals beyond just price sometimes retirees value steady income and an easy transaction over top dollar.

Potentially even a darker meaning as she seems un phased by her current actions and is ready to take more money from retirees, mothers, and other vulnerable people.

That the owner first pitched this as a great income-producing investment for a retiree and now if you want cash flow he doesn't want your business...