Even just looking at the basic things like Vacancy rates, unemployment rates, crime rates, household income...

Prior to that was 2003 for $265,500.I have not seen this property yet and it is located 21miles...about 1/2hr from my house and the following is city data where the house is located:Population: 3,348Households: 942Family households: 766 (81.3%)Non-Family households: 176 (18.7%)White Population: 2,758 (82.5%)Black Population: 177 (5.3%)Asian Population: 26 (0.8%)Multirace Population: 20 (0.6%)Median household income: $90,807Median house or condo value: $297,614Median contract rent: $1,152Unemployment: 3.8%Residents below the poverty level: 6.6%Median resident age: 30Males: 51.3%Females: 48.7%Thanks guys.

Median Household income in OKC is $47k per year, so it's not like there are a ton of people who can afford that house.

It's common for the make-up of a household to change.

I tend to attract and have success with single moms and single income households. 

Educated, high earners, young parents averaging 3 kids per household.  

Our household income is about 1/3 more than what you indicated and both work 2 jobs to earn it but Remember gas is 5.99 a gal.

Now we have no income in the household and its pretty rough at the moment.

The index measures the percentage of households that can afford to purchase entry level homes in CA. 

That said here is my real estate "whys/wants":#1 Lower my tax burden.Get better returns than the stock market.To have a "mother goose" that returns cash flows household expenses after I sell the business in 1-2 years (about $8,000-11,000/mo).Have a management company run everything.