Las Vegas, NVOverall Population: 662,000Renter Occupied Households: 37%Month-Over-Month Rent Growth: -0.1%7.

Population over 100k2. .5% or more year-over-year (YOY) population growth3. 1% or more YOY median household income 4. 2% or more YOY job growth5. 2.5% or more YOY median home value6.

For $3100 rent, using the 3X income requirement equals $111,600 minimum annual household income.

The decline last month also reflects the fading boost from one-time $600 checks to households (which were part of nearly $900 billion in additional fiscal stimulus approved in late December).

AppreciationProperty prices increasing above the rate of inflation, is a strong indicator that people are moving into the location, new jobs are being created, and household income is rising.

After calculating the NPV with, or without the updates, the return is excellent.Here are some details about the town:- median household income = 27k / year- median property value = 85k- population around 9000- approximately 1.5 hours away from AtlantaI currently have a couple of rentals generating between the $2000 - $3000 / month and I have had excellent luck finding quality tenants (by performing credit & background checks along with salary verification), great contractors, and self-managing each of my properties (and one is half way across the country).Does anyone have any thoughts or comments on what it would like to own and manage a block of duplexes on a street in a lower income town?

The FAQ from the Treasury https://home.treasury.gov/syst... made reference to "rental assistance be provided to temporarily displaced households".

In other words during 2020 (the pandemic year) you could have a household making $16,000 per month and they could not pay rent claiming hardship! 

Hi everyone from BP family,i have a question that received some answers on but not from professionals ,just friends so i am not sure,Soi am on my way to buy a first property at the end of the year for house hack and should i use my personal income when applying for a loan or my wife’s too,as a household income,even if i can get approved myself?

  ( in addition to rent, keeps the place clean and little or no damages ) I gave everyone a meet the landlord letter and  a tenant update sheet to fill out giving me a better idea of the household income etc.