What states have the highest number of investor-owned homes? According to a CNBC report (2), Texas, California and Florida have the highest overall number of investor-owned homes, namely because they have the biggest populations.The analysis also found that institutional investors are retreating from the existing single-family home market, instead shifting their focus to new-build, purpose-built rental properties.Large institutional investors (firms that own 1,000 or more properties) made up less than 2.5% ...