> But that just isn't possible with property taxes I think what they mean is the overall hit from property taxes is marginal at their scale because of the bett

> But that just isn't possible with property taxes I think what they mean is the overall hit from property taxes is marginal at their scale because of the better margins they get on other inputs like insurance. That said, Zillow tried this strategy a couple years ago and it ended horribly for them. I don't think yet another fund will be able to get an edge that local landlords and real estate companies have.