Some reports indicate more than 3.5 million single-family homes are being rented in the U.S. That number is likely to grow as demand from renters increases and the stock of foreclosed homes continues to surge. Mary Ellen Polmolik, writing in the Chicago Tribune, recently noted the trend in her column: “Local and out-of-town investors are bumping into each other at the doorstep as they snap up homes for rehab, resale, or increasingly to convert them into rental properties,” To read the entire article please click here
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