With multiple adults in a household, each person applies with their background check run individually and some screening companies provide a general assessment of whether a person has a high probability of success as a renter. 

My first investment in this area was a condominium, and it worked out well.

This property is my primary residence and it is condominium.

At a condominium, HOA fees typically cover the cost of a landscape service to weed, feed and mow the grass.Assessment fees can at times eat away at all your profits.

I think it’s important to be fully transparent about my current financial situation in order to get the most accurate feedback, so I’ll be throwing some numbers out to you all for reference.A little background on myself: I am 27 years old, live in Columbus, OH, married w/o kids, work a full-time job and make roughly $85k per year ($150k total household).

Many banks have either individually-owned or household-owned limits.

Median household income in that particular subsection is just over $19k which is REALLY LOW! 

For example, the proposal would carve out condominium and homeowner associations, but not “single-family neighborhoods.”

Thank you so much everyone for the tips, and Rose White My background is generally the same coming from a low to mid level income household, right now i am working at a flooring company in sales, and I could not attend college due to lack of money.

My wife and I have thought about it for years, but my income currently supports the entire household.