Traditionally, buying, fixing and renting out single-family homes has been a mom ‘n’ pop affair, Forbes reports.
That is until institutional investors started swooping into the hardest-hit markets and snapping up properties by the thousands.
Now Wall Street’s invasion of the cul-de-sac is about to enter a second phase as the money men offer income-starved retail investors new securities–REITs and bonds–backed by single-family rental homes.