Las Vegas Sun

May 1, 2024

Renter Nicole Caverlyat gets settled April 14, 2016, at her home in the Piedmont Park neighborhood in Apopka, Fla., a former agricultural hub now crowded with housing developments. Where 1 in 10 homes was once a rental, now more than a third are. Caverlyat just moved into the neighborhood. Her home was purchased by an investment group in January and then put on the rental market.

John Raoux / AP

Renter Nicole Caverlyat gets settled April 14, 2016, at her home in the Piedmont Park neighborhood in Apopka, Fla., a former agricultural hub now crowded with housing developments. Where 1 in 10 homes was once a rental, now more than a third are. Caverlyat just moved into the neighborhood. Her home was purchased by an investment group in January and then put on the rental market.