Investment capital has been flowing to the single-family home rental market in the wake of the foreclosure crisis. But can the sector grow into an established investment class—especially as the housing market recovers and deep discounts on acquisitions disappear? “We are huge believers in the asset class,” says Eric Workman, vice president of sales and marketing for MACK Companies in Tinley Park, Ill. MACK has been acquiring, rehabbing and selling single-family homes ...

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