(Buying a square block in "just the right place" in Detroit 4-5 years ago for example.)I'd look at bestplaces.net see the outlook and true stats for the area and gather as much other relevant data that could be used to reach your goals.

Denver’s average Median Household income (latest stats I could find) is $62,760. http://www.bizjournals.com/denver/blog/finance_etc...Still less than the average home price....but even then, my numbers could be way off...but they are still trending in the same direction based on this Denver Post article from last March.http://www.denverpost.com/2016/03/04/what-salary-i...This shouldn't be new news to anyone who's watching the market in this area.  

It is hard to get stats.

For my career I have chosen accounting and have recently passed all 4 parts of the CPA exam.  In

Currently I am examining mobile home investing for the cashflow benefits in order to build up more capital.

Welcome to the forum mateIt's always great seeing fellow Aussie's on here.Don't jump into any US investments and spend the time conducting more due diligence on people rather than the stats/demographics.Much success

Let’s examine an actual tax return SCHEDULE E below.

Actually, even the gurus themselves are pretty open about the stats -- 90% of in the audience won't take action, and won't do what it takes to be successful. 

When you add the insurance and tax burden the cost for $25 per hour is about $37 per hour.Jack no shade on Cali - but I'm guessing your out of this world pay and cost of living stats are in your homestate. 

While looking at market stats today I noticed the average sales price is up over 9% compared to last year.