More than 34% of San Francisco residents are considering moving out:http://www.sfgate.com/bayarea/article/Cost-of-living-traffic-have-a-third-of-Bay-Area-7386717.phpFor every 1 home buyer entering the state, there are 3 Californians selling and moving elsewhere:http://fox5sandiego.com/2016/11/07/why-a-lot-of-people-are-moving-out-of-california/San Jose's "move-away rate," which is the current share of households living in the city compared with the share leaving the city, is a whopping 77.2 percent, meaning San Jose middle-class households are 77 percent more likely to move out of the city than to move in:http://www.newsweek.com/bay-areas-middle-class-being-squeezed-out-droves-report-454178Yes, most of these people are in the middle class.

If you have an average household income of $3,000 a month in a neighborhood, it will not make sense to offer a $1,500 rental property - that's 50% of your target audience' income. 

Loudon County is the richest county in the entire nation as measured by median household income....so not a lot of people in distressed situations there.

I think Garrison Householder is giving very solid advice but it's also very conservative.

Its in my notes somewhere from my broker courses.I handle all types of properties: luxury condominiums.

I'm in the Atlanta market looking for a rental deal.I found a condominium for $98,000.If I can get away with 5% down, 30 year fixed, interest rate at 4.461% and including $800 yearly home insurance, taxes, PMI and etc, my monthly mortgage is approximately $674.It'll be $633 if 10%Rent estimate is around $1,000 a monthI'll have them pay for all the bills.1) If I buy this, can I the bills under their name or do I have to monthly send them the bills and tell them to pay it?

Since your husband seems to be the bread winner in the household, it could change your roles and be intimidating to him, even if he'd never admit it. 

One way to interpret the data is that high household debt indicates negative pressure and an inability for people to pay their other obligations.Mortgage is the 3rd most popular form of debt.

However,when they count is it per person or for the household?

In a $500k+ deal it makes no big deal, however in single condominiums makes all the difference.