In the last few years we have seen a massive number of households becoming renters.

Less than the median US household income.

Buying a property over the average household purchase price point in Orange County ($630,000 was average in OC as of December), it is a little harder to rent verses a home that is within that average.

That's significantly more than the average household income.

If one housemate leaves, the remaining tenants would have to pick-up the slack.In the case of guarantors, we would have one for each tenant in the household.

Or starting big as in buying a household in short-sale and re-selling for a 25% at least return?

If you have Student Loans or other household debt - develop a plan to accelerate paying them off. 3.

The main criteria I look for are:- Household monthly income is 3x greater than rent- Credit Score is above 625- Clean background check, no previous evictions, felony's etc.I spell this out on the application and listing to ensure only serious renters apply.

The customization offered was much better, as I can set it up to take multiple tenants on one app as a part of a household, rather than multiple apps for the same group. 

In 2015, I had to write a check to the IRS of approximately $14,000 to cover my 2014 taxes due, as despite withholding taken during the year, my total household income was such that I still owned this additional amount.