2010 was a good year for long term rentals with increased demand.  This was due in part as a result of the economy with people not qualifying for home mortgages and people losing homes to short sales or foreclosure.  Another factor that helped with the demand for rentals were people who owned a home and sold their home, lost their equity due to the devaluing of the property and no longer have the funds to purchase another home. Read the rest of this entry