The investors I am talking about flip the properties right away. They are not holding it for a rental. Other large investment groups making bulk purchases for rental income generally do so with a pretty serious margin for downturn on rents and such margins are built into the purchase. This is why they get substantial discounts on the homes. One bulk investor I had spoke to earlier in the year was looking for approximately 40-50% off on the homes the homes that they were negotiating with Citibank on.

The good thing is that our tax revenues will cover any shortfalls in the scenarios you or I or anyone else comes up with.