They’ll have a pulse on what buyers (and retirees) are asking for but can’t find.Compare Nearby Markets: Look at similar projects in Tulsa’s fringe areas or other rural towns.

I am surrounded by five military bases with about 30k AD/Guard/Reserve personnel and 200k retirees/vets.  

An on-site manager or host, especially a retiree couple in exchange for free rent, can dramatically reduce your management burden.

So that withdrawal rate implies being able to spend 5% of the initial portfolios value and continue withdrawing to support the same real spending in perpetuity.The bugaboo of retirement spending is inflation, to the point where the high inflation years of the 70s and 80s made it harder for retirees to preserve their purchasing power than for those retirees who retired right before the Great Recession!

Here’s where I’m at now:I’ve started contacting DSCR lenders to see if they’ll work with a 72-year-old borrower who has only Social Security income (~$1,200/month) but owns a debt-free rental producing $1,750/month on a $260K property.Early feedback is mixed: some say age/income makes it tough, others say the strength of the property could carry the deal.If anyone here has actually gone through a DSCR refi in a retiree parent’s name (with the kids managing the deal), I’d really like to hear how it played out.If that doesn’t pan out, I’ll be back to weighing the $1,400/year property tax hike against pulling out $175K in equity now to expand the portfolio.Thanks again to everyone who chimed in.

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

If you have been a realtor or investor/retiree and have proven track of transactions I think partial deduction of a trip or seminar in order to secure a specific property is easier. 

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.