Long-distance real estate investment in residential properties a hotbed in US South and Midwest

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Long-distance real estate investment in single-family rental homes is growing amid inflationary pressures, interest rate hikes and an influx of instructional investors.

know success depends on the individual property much more than geographic area. But there are strong trends indicating these markets have individual properties worth the investment.""And long-distance investing is more than building," Kennedy added. "It could be home flipping, or it could be buying existing homes to use as rentals.

Data compiled by Lime One Capital shows rents averaged $1,716 nationwide as of Jan. 1, up 6.4% year over year. that institutions owned some 700,000 single-family rentals across the U.S., making up about 5% of the 14 million single-family rental homes.

 

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