Adding another bedroom will make it attractive to households with more people.

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

Individual backgrounds/credit reports/employment are all considered for each individual, but total household income would typically need to meet the 2.5 X rent or whatever your criteria is.2.

Compare median home price to median household income for the MSA and Austin still comes in far under other major MSAs.  

In the SF Bay Area, we have the following:(1) really, really rich people (including corporate/foreign buyers) - they buy what they want when they want to buy - mortgage rates be damned(2) really rich people - demand will typically correlate with the M&A/IPO market (3) rich people/trust fund types - demand will typically move with stock/public market(4) the house rich - massive equity build up in existing allows for a cash purchase or near all cash purchase - mortgage rates may matter but not too much (5) the high tech/professional income rich -  mortgage rate sensitive but not fatal to demand where two tech/professional incomes in the household coupled, possibly, with a nice loan from the parents (6)   normal people - these days, looking at Stockton, Redding, Boise, St.

I do ask some standard q’s like how many people, household income, rental history, prior evictions?

But if avg household income for New Haven, and this particular pocket, is 40-50, you are going to struggle with attracting and retaining tenants.Secondly, good resources would be local realtors that specialize in rentals in the market, property managers that handle leasing.  

I'm still new to city/state analysis, but what I have learned thus far is to watch the Population, Jobs, Rents & Median Home Price/Household Income trends.

.$18,000 for heads of households.$12,000 for singles.This seemingly benign change can adversely affect vacation-home owners, because their allowable itemized deductions (including those for vacation home mortgage interest and property taxes) may not exceed their standard deduction amount for 2018-2025.And in Hawaii… Short term vacation rentals come with an additional tax burden of 10.25% in Hawaii, the Transient Accommodations Tax (TAT).

There IS a limit on household allowable income so anyone who lives in the house, over 18 years old, will have income limits.