We have worked with firms like CBRE, Harvard Business School, Bank of America and 50 other household names.

Usually, this is about 30% of their gross monthly household income.Configuration - Two bedrooms, three-car garage, large back yard, single-story, two stories?

@Exavier Martinez, managing two roommates in the same household is feasible.

Also...not to be argumentative, but this is straight from HUD's website: "The household may choose a unit with a higher rent than the FMR (Fair Market Rent) and pay the landlord the difference or choose a lower cost unit and keep the difference."

What are you looking for (location, bed/bath count, number of people in your household)?

This was thanks to larger increases in home prices and mortgage rates than in household income.- The Midwest region’s index fell 10 points 133, still by far the most affordable in the nation.

I tend to separate investing from my household affairs.

This is competed via to following formula:The figure for rental vacancy pencils out to be 9.1%This is about 2% higher than what is considered healthy, but also nothing too alarmingAs for affordabilityFor tenants rents represent, on average, 16.2% of median household incomesFor investors, rent to price ratios are hovering a bit south of 0.5% and trending upwardsCap rates are 2.9% for SFR Hope this helps! 

(If you have a house don't worry about paying that off yet, I'll give you an idea of what you can do about that in a bit)2) once all your debt is paid off, start saving money, you save money by only buying what you need NOT WHAT YOU WANT, so you NEED hygienic supplies, food, clothes (but only once every 2, 3 months making a budget on that of maybe $100 to $150 per person in the house hold) you need gas, utilities, rent or mortgage ect.. you DON'T NEED for example if you have cable with HBO do you really need Netflix and do you really need to go to the movies every weekend, do you need to have all the movie packages that the cable company offers??

Population growth, wages, and household formation stats make Houston a great market to invest in, but if your primary goal is good cash on cash return, there are better markets.