Transcendent Investment Management's Long Term Investment Strategy

Today's big trend in Florida real estate, and perhaps nationwide, is the emergence of firms buying scads of single-family homes such as this one in Riverview and then renting them out for cash flow.

Bankers have tried to coax Kavana to take his company, Transcendant Investment Management, public, but he's resisting. Where publicly traded companies will be under pressure to sell off their homes to make a quick profit, his company's in …