From what I see around here, the "investor" buys a house and puts some money in to fix it up. Then, while he waits for real estate to rebound, he rents to anybody who can fund his loan. Many times it is a bunch of what I call "Hoodies." That is, a bunch of guys on public assistance who sit outside all day and night in their hooded sweatshirts...destroying the character of the neighborhood and thus, the property values...

This stinks...