Wage growth is also regional and occupation based as well.Not sure what it is you're trying to associate wage growth with but this is such a vast topic you'll have to have a more precise target if you're trying to make wage growth a useful quantitative and qualitative tool.

I would add that no landlord can precisely predict the time factor of a property. 

You have to look very carefully and honestly about your new situation ... if your new income would put holding this property long term at risk, then you absolutely should cancel escrow and back out ... that is precisely what the financing contingency is for.

That totally makes sense to get to a more precise estimate. 

Every suggestion is really to the point and precise. 

I work in Java support development (software) in the Birmingham area.My wife and I are just getting into real estate investing and we are seeking our first investment property, a multi-family rental property in Jefferson, Walker, or Blount county Alabama.I'm interesting in finding mentors, private lenders, and general real estate investing contacts in the area, because I know precisely nothing on the subject.

Although it could be seen as lazy the fact is it is a much easier, faster and more precise way of cutting out boxes. 

My attorney has actually done precisely what we're talking about, but on a large scale for clients (talking millions at a time).

We wanted to first get our feet planted in a couple good locations so that we can tell realtors precisely what we are looking for, and don't get lulled into various other properties or locations we don't want.Network is net worth...I like it!!!

Use precise numbers on your final offer so it is perceived as well calculated and your bottom offer6.