Landlord Inc.: Big Investment Firms Are Buying Florida Single-Family Foreclosures in Bulk, Expecting to Profit Twice: First by Renting out the Homes and Then by Reselling Them in a Few Years

As of late 2012, five years after the real estate crash bottomed out, there were still more than 300,000 foreclosed homes in Florida and another 250,000 or so bank-owned properties, called REOs. In recent months, however, those homes have been coming off the market more quickly. In October, overall ... (Publication: Florida Trend)