[Alberta's Child]

Something about this story doesn't make sense. I have some experience in this area, and I can tell you that detached single-family homes generally aren't very good investments as rental properties.

1. The families that rent them usually have kids, so the maintenance and wear is more extensive than for a home with a single renter or a couple.

2. Your best tenants are the types of people who are ideal homeowners, and those tenants tend not to stay for a long time.

[Tell It Right]

Good points. I wonder if they get block contracts from Section 8 — reducing a bunch of overhead and maybe getting tax credits.

[cgbg]

Something about this story doesn't make sense. I have some experience in this area, and I can tell you that detached single-family homes generally aren't very good investments as rental properties.

Correct--but you are using rational analysis in a time of irrational fed-backstopped "markets".

Blackrock is playing the "heads we win", "tails the taxpayers lose" game.

[MSF BU]

This crossed my mind as well. In my experience many units under one roof, separately metered for everything, electric everything and over 55 is the way to go...if you can do it.

[rollo tomasi]

There is a lot more than profit or the pursuit of knowledge.

For instance, medical schools are taking away needed clinical curriculum in exchange for cultural diversity and equity requirements.

Want to know why this everyone/institution is buying this crap? Because investment/security/analytical firms with an agenda push this crap.

You need to ask why even buy a house that is $100,000+ more than than appraisal? What idiot would do that? Well, as of now, a lot of idiots and these purchases are not in areas with high demand. So what gives.