Despite the eviction moratorium in California - investors are buying up properties to rent. They are paying a premium for the properties as well. 

Here in Las Vegas, I can own a 2 bedroom cheaper than I can rent a 1 bedroom. Still, rents keep going up. Go figure.

Not in Oregon. State wide rent control has put the brakes on investment property.

We went to landlords market to renters market to no market and now investor market with subzidation by the state and federal governments. Now, to be a landlord is the place to be along with being a homeowner....

I like to see a much higher cap rate.

With our market being so hot the rental market is being depleted by about 10-15%. Owners are either moving into their properties or selling them. We are the 6th most expensive rental market in Canada with a vacancy rate around 2% or less.

Blackstone has been buying SFH and offering very, very competitive prices for listed homes.
The eviction moritorium in Flordia was meaningless since 'Tenant Agreements' were not included in the moritorium.
Anyone in the paycheck to paycheck situation is at great risk.

Shayne, cannot say I have seen builders renting the homes, as we need the inventory.

Downtown Chicago has long been a haven for investors to purchase condos for use as rentals. The market has been soft for some time and rent rates dipped. Competition is fierce especially for units that are outdated given new construction apartment buildings that are offering big concessions.

Yes, I am seeing it, too, here in Maryland. Just looked at a rental today that was bought by an investor in February, paid 17K or so over asking. Monthly rent is well below 1% - more like 0.60%. Crazy! 

Not happening here in Utah, Shayne! New construction companies are implementing bid wars on build jobs now with escalation clauses and houses are going into multiple offers way above list price.

I'm not gettin' it. Investors selling with tenants? Not many here at the moment but as the months go on .....

1% of market value for rent is nonsense. I thought that was busted years ago.

Home builders gotta do what they gotta do.

Renting makes a lot of sense and is often far more cost-effective than buying, for a number of reasons.