Hello all,1st of many posts im sure.Im purchasing a 4unit building from an elderly owner.Her husband who recently passed away, never collected security deposits from any tenant.I don't know the reasoning, nor do I care.What I do care about is, what I should do about it.3 are long term tenants, and 1 is 3 years. 

I have a soft spot for the elderly and yes, perhaps I did let her push me around too much.

I am showing the house to a lady who is taking care of her elderly parent.

For example, lower income and elderly might not have internet and depend on the paper more.

The exceptions I've seen are almost exclusively elderly folks that were evicted after their trigger happy landlord didn't realize they were in the hospital, and instead of filing for abandonment, filed for eviction.

Trouble is, every time it gets really hot, the local news runs another Death Watch segment where children, the elderly, and the sick are suffering and dying.  

The elderly couple had both died and the house sat vacant for one year prior to us getting the keys.

I find single story rentals are actually easier to rent as they appeal to everyone, including elderly. 

The church will be responsible for the rent and communication to be directed to a church elder, who will sign the lease but will not live in.

The family moved their son in (grandson to the original elderly owner) that has been living there since.