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Absentee Landlords Investing in Cheap Rentals Out-of-State

Even with a good salary as a data scientist at a San Francisco technology firm, Yang Guo, 30, knew he couldn't afford a home in the Bay Area, among the priciest U.S. markets. He still wanted to own property in addition to stocks, however, and soon found a way to buy cheap rental houses in faraway cities and to outsource the associated hassles to HomeUnion, a three-year-old startup in Irvine, California.
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