@Armin Nazarinia Come May I’ll have a BA in Financial Economics with a Minor in Statistics.

Don't get me wrong it could be outside of that but statistically speaking, it is significantly less likely in day the south west area vs the north east.

But, it has been said and probably goes without saying that with lower tier properties are going to come lower tier tenants, which, statistically speaking, are more likely to make problems arise. 

If you don't understand the purchase, fix up, run rates and flip costs you will become a statistic to ANY TYPE of investing.

, Fannie and Freddie both have trillions of dollars in mortgages on the books, they know which ones tend to go into default, they've done the homework, they know what risk-based LLPAs make sense, so why not default to copy/pasting from Freddie Mac if you DON'T have trillions of dollars under management and those robust statistics you can tease out? 

I was trying to find out what the percentage of people that cannot get a home loan? I can't seem to find that. I've heard it's around 70-80% of Americans can't get a home loan. Anyone know if that's correct?

Thanks

Drawing the conclusion that this statistic shows the market sapping your wealth makes no sense and we shouldn't encourage this sort of financial illiteracy.

As far as the market growth is concerned, you will have to look at the overall statistics and see if the data for that MSA is pointing towards the growth.

My assumption is that lenders have determined (based on research, statistics, etc.) that borrowers who have ~60% or more of their income available for expenses other than recurring debt obligations are more likely to be able to make all of their monthly payments.My question for the BP community is - does anyone have knowledge of the source of the DTI calculation, such as the research/stats that justify it?

My response, and the response of all owners should be, "well, the best thing you could is do an internet search about the statistics here".