If they back out they have eliminated themselves as unqualified.INCOMEA good guideline to follow is ensuring the household income is 3X the rent.Your manager states "She is currently not employed (but will be)".

The definition does not include children over 18 not living in the same household.

Labor: 180-hours (15hrs/wk, $80K median household income) = ($7,200)Labor includes reading BP(education), looking at properties, going to REI association meeting’s, talking to banks, agents, internet research(home, market analysis, comps, etc) Gas/maintenance on car: ($30/wk) = ($360) (tax write-off)RE License: ($1000 REC fees + 70 class/etc hrs @ $40/hr) = (3,800) (1,000 write-off)Association dues: (400) (tax write-off)Net loss: ($11,760) (minus tax deduction)$10,000 in labor or my time many do not account for in their profit margins.

Not sure if Chris was talking annual but here are the numbers if annualized.270, 000 households.1 out every 80 AC units are stolen9.2 units stolen per day 3375 units stolen per year.Some were probably needing replacement anyways:) So free AC removal is sometimes included with your ownership.

If and when that happens, there will be a major impact as 115 million households in the US that are currently unaccredited, will have access to this deal flow.

So if your current rent is $300/m per roommate and your average household utilities run about $300/m then increase the rent to $400/m and not charge for any utilities. 2.

The economy here is good and our unemployment rate is the lowest in the state while our average household income is the highest in the stateOn the plus side this property is easy to rent and attracts high quality renters.

I Probably would have been better if it wasn't for me and my father always turning into some kinda of argument during the process of some type of house hold fixing lol.

You decide if you want your minimum income to rent to be required by each applicant or as a combined household.

Chris, we go by household income (sum of all tenants' incomes).