April 04, 2013 at 16:29 PM EDT
Where To Buy A Rental Home? Investors Try New States
Landlords seeking the highest returns for single-family homes should hit the road as rental rates weaken in Atlanta, Phoenix and Las Vegas, where institutional investors have flooded the market. The best deals, measured by leases and the cost of becoming a landlord, are in Memphis, Tenn., Saginaw, Mich. and Toledo, Ohio, according to a report by RealtyTrac, a real estate data provider. "In a lot of markets across the country, there are still some
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