I can't imagine it would. I assume you're talking about rental properties? The number of homes owned for sale by investors at any given time is probably small,

I can't imagine it would. I assume you're talking about rental properties? The number of homes owned for sale by investors at any given time is probably small, given that flipping a house is pretty fast (several months?), and houses in major metro areas tend to go from listing to under-agreement in a matter of days. Or is there some phenomenon of investors buying properties and holding on to them for sale, rather than for rent?