Median household has only increased 15,000 in 17 years, and home prices have almost doubled since 2000. 

Households that make 80% or less of the median income in their area and include at least one person who qualifies for unemployment (or has experienced a financial hardship because of the pandemic) qualifies.

If you don't know your area's median household income and median rents, that would be a good place to start researching. 

What permits cost in your area, What kind of cost a plumber will charge for a faucet or re-plumbing the whole house. Holding

. ⭐⭐⭐......If you don't & won't have this Demographic moving in based on a higher Median Income Household, it may not go over well at all based on Housing Price Point after Renovating a Neighborhood.In Atlanta you have economic thriving Younger to Mid-age Black, White, Asian, Indian & up & coming Hispanic Demographic.

If you have a track record of correctly tracking and managing your household expenses and maintaining a target savings rate for more than 1-2 years, then yes, I think the math leans towards investing in real estate (provided your student loans are at 4-5% AND your risk tolerance is in line with that decision). 

I'm currently living in LA and looking to get my first investment property, here's my current situation:- I have 300k available for down payment- I have a somewhat decent credit score (in the mid-high 700)- My household income is around 240k annually combined with my SOMy main goal for now is cash flow, and even though I would very much prefer to invest locally, I understand that Socal is not the most friendly place for landlords, through some research I can hardly find anything with a decent CAP rate reasonably close to where I live.

.- Renter-occupied households make up 42% of the occupied housing units in Huntsville.- Neighborhoods in Huntsville with the lowest rents include Baker Park, Blue Haven – Holly Acres, and Brookhurst where rents average $613 per month.- Neighborhoods in Huntsville with the highest rents include Wrightland-Jacobs Cove, Summerfield-Phillips Creek, and The Ridge where rents range from between $1,133 and $1,236 per month.

I'm currently living in LA and looking to get my first investment property, here's my current situation:- I have 300k available for down payment- I have a somewhat decent credit score (in the mid-high 700)- My household income is around 240k annually combined with my SOMy main goal for now is cash flow, and even though I would very much prefer to invest locally, I understand that Socal is not the most friendly place for landlords, through some research I can hardly find anything with a decent CAP rate reasonably close to where I live.

I purchased the home with my credit, under my name, with my own downpayment and created a written agreement that he would pay half the mortgage and household expenses when he moved in and also gave him an option to buy into the house when he was able by giving my half the downpayment.