Debt. org estimates that the average household with a credit card carries $8,396 in debt.

Birmingham passed most of the "rule of thumb" criteria recommended (job growth, household income growth) but the downside is population is -18.60% since 2000, and crime is a bit on the higher side (https://www.deptofnumbers.com/employment/metros/). 

Further, you've stated that median household income is $53,000.  

Be sure to check the program household income limits for your county as well. 

Hello, Elijah Householder, I believe I can answer your question.Using rental income from a room in the house to qualify for a mortgage can be challenging, especially if this is your first home purchase.

They're managed by a property manager and bring in about $3k per month in cash flow after fees.With a household income of around $600k (pre-tax) and $100k available for investment, I'm aiming to find investment strategies that prioritize cash flow over property appreciation.

Legal and Regulatory Steps:Establish an Association: You'll need to create a condominium association and draft the necessary declaration and bylaws (condo docs).City Approval: Obtain the necessary approvals from the local government or zoning board.

According to this Gallup survey, real estate is the most trusted asset class no matter the household income level of respondents. 

and how he likes to know that I respect that he's the captain of the ship, and that I trust him (even when sometimes feel that I'm right, it'll still be ok for me to let it go & leave it to him); and how important it is to him that he thinks I'm provided for, protected, loved,  & even pleased & honored to be his wife / his first mate & even his cheerleader /.... and as time has passed, I realize it's OK for me to let go of the illusion of control that I thought I had; and how nice it feels to me to be able to relax and be taken care of;And how what a blessing it is to have a good man who wants to provide, protect, love and lead / be the head of our household;  and how that for many [most¿] men that I've ever known not feel like they are being disrespected, or manipulated, or undermined (esp. not by their wife).  

This includes single-family residences, guest houses, apartments and condominiums.