There have been reports on this which observed the properties being removed from the housing market, so yes.
Its supposedly not worth the risk/effort to find renters which could potentially wreak your property, never pay and need to be evicted.
That makes it more cost -effective to just hold onto the property while paying someone to occasionally check up on it until it's resold for profit
It makes a lot of money, there are companies managing them, the owners don't have to.
There have been reports on this which observed the properties being removed from the housing market, so yes.
Its supposedly not worth the risk/effort to find renters which could potentially wreak your property, never pay and need to be evicted.
That makes it more cost -effective to just hold onto the property while paying someone to occasionally check up on it until it's resold for profit