A business purpose loan cannot be for any family, personal, or household use.

This setup is much safer than a household door that swings in because there is no way to kick the door in when it swings out.

Max Householder I am loving this market. 

Say a community has an avg household income of 50998 and the overall greater market area has an avg of 41877.  50998/41877 gives a property a 1.2 rating in economics.  

(not the low end or the high end, you want the bulging middle)Take the median income of the area where you are interested in investing and double it (assuming a 2 income working class household).Use this to determine what your potential tenants monthly income is.Take 1/4-1/3 of that monthly income to determine what the median rent that particular area can afford.This gives you the widest possible group of people who can afford to rent your property in your particular target area.Use this rental number to determine what types of houses/condos/townhouses etc... can be bought in your targeted area that will give you the return that you require (taking into account taxes, insurance, vacancy, maintenance etc... ).So you are basically finding your rental rates first, then back engineering your purchase price based upon the rehab that you may have to do, and the expenses of your target area.As an example in the Houston market.Median income is 35K, so a two income household is 70K a year or around 52.5K after taxes.That is $4,300 a month after tax cash flow. 1/4-1/3 of that is between $1000-1400 a month in potential rental payment.In Houston you can buy houses that are between 80K and 140K in after repaired value where this rental amount creates a yield that I am comfortable with.

I figured job (population) growth level, unemployment rate, median household income (though that's probably not as vital if the focus is on B properties), proximity to major highways/malls/retail centers are some.

Well I have not really started making money off of Real Estate yet however I have a pretty good household income between my Fiancé and I.

We require that the household income exceeds 3x the monthly rent. 3) Do you know your credit score?

In the position of landlord, I have seven people in my household so my income does not exceed 200% of poverty level, which is required to qualify.

Median household income is ~$46k, minimal violent crime.