You are inquiring about the senior community in 92128, which leads to two 55 plus areas; Oaks North and Seven Oaks. These are both great areas with lots of amenities. It should be noted that you must be 55 or older to live in these places, but you don't have to be 55 to be the owner. The rental market is very competitive and once you find a renter in one of these communities, the trend generally shows that they stay there for a long time. As you know, stability is huge when it comes to rentals. I believe there are great opportunities to be had in the senior communities, just as with any other community, but you need to do your due diligence. There are a plethora of factors that dictate what a property is worth, thus you'll want to make sure you understand them so you can make the best informed decision possible. Obviously, whatever you save on the front end of the transaction will go a long way towards what your investment ultimately earns in the end. Best of luck!
Chad Basinger, REALTOR, CPA, CFP