My wife and I have W2 jobs with a combined household income of $450k, not including real estate investments4.

There are roughly 115 million households in the US so those on housing assiatance make up about 4.35% of all households.

I update the spreadsheet periodically as circumstances change.Then for our emergency fund, we have a CD with about 4 or 5 months' worth of *all* our expenses as a household: living expenses, mortgages, utilities for all properties, monthly portions of annual expenses, etc.

Median household income in the US is a bit more than $50,000.  

I hope this data and resources help serve you.OKLAHOMA CITY, OKPOPULATION1.38M0.767% GROWTHMEDIAN AGE35.2MEDIAN HOUSEHOLD INCOME$56,2602.17% GROWTHPOVERTY RATE14.6%NUMBER OF EMPLOYEES666,6092.58% GROWTHMEDIAN PROPERTY VALUE$156,8001.69% GROWTHMedian Household Income$56,2602017 VALUE± $1,4032.17%1 YEAR GROWTH± 2.99%Households in Oklahoma City, OK have a median annual income of $56,260, which is less than the median annual income of $60,336 across the entire United States.

Pay the kids from your personal household funds for work at home- cutting grass, shoveling snow, washing cars, windows, etc. then no self employment tax is necessary under approx $7500.  

Also in that time span only a 8% jump in household income while median property value has declined by about 7%. 

.▶ For the average landlord, their household income is $100k (all income sources considered).▶ Landlords with a household income of more than $200k, their rental income represents 5% of that total.▶ Landlords with a household income of less than $50k, their rental income represents 20% of that total.▶ The average landlord owns three rental properties (30% of landlords own properties worth $400k or more, with 7% of the top landlords owning properties worth $1 million or more).▶ Landlords operating 2-to-50-unit buildings provide most of the affordable housing stock in the country.▶ For landlords with properties with four or fewer units, the average per-unit cost is $4,600 to $5,400 per year.▶ Landlords screen an average of two applicants per vacancy (renting out properties is not first-come first-serve in most cases).▶ Around 16% of landlords don’t run criminal background checks, and 10.3% never check credit.— Read all 29 Insightful Landlord Statistics (2022) here: https://getflex.com/blog/landlord-statistics

Income requirements are grouped under household related or unrelated members living under 1 roof .

I would possibly like to make an offer on it.Thanks,Matthew LynchReal Estate InvestorJAMC 33 EnterprisesThree six one- five nine six -MATT (6288) - Mobile"JAMC 33 Enterprises is now a household name"