Vulture investors are feasting on the depressed United States housing market. Swarms of vulture investors sniffing for distressed properties are being attracted by collapsing prices, record-low personal property rates and rental demand fueled by foreclosed borrowers. But in this weak United States economy, their strategy is changing. Vulture investors flipped homes for a quick payout in good times. Now that times are bad, using properties to generate healthy rental incomes is the preferred approach.