Hey Max Householder you are right and that's it: http://biggerpockets.com/nomoney

Busy schedule with new baby in the household but should be able to make it out.

When I was initially looking at areas to invest in, I found it very useful to look at the Affordability Index (Avg Purchase Price / Avg Gross household Income) to look at the "health" of an area or city.

The laws are so twisted in this State in the favor of the big banking system and lenders. on top of all of this, the average household income is dropping in this City while the home prices are rising rapidly. 

Sometimes it is a situation (health, divorce, recent death and probate, loss of job, jailed member of the household, etc.) 

Their combined house hold annual income is over $90,000.

Mine seems to arrive on Mondays here in SD, but I need to double-check since I'm not the only one that gets the mail in my household.

Max Householder That Warren Buffett guy really knows his stuff.

What is the monthly household income?

I have my rough formula, but I still haven't determined w/confidence one that I can apply across the market to determine where to invest... yet.for now, some of the factors i gauge (in no order) are:(flipping)median incomemedian household size (kinda)median home sales for the hh size i'm targetingproximity to major work areas (i.e., corporate, factory, etc.)unemployment rate & trendschool statsowner/renter ratioprice-rent ratio(rental)prox to major work areasrental rate for a 2brue rate/trendin my first attempt to determine "best bang for the buck" for rentals, i took national statistics and crunched them into a spreadsheet. this thread discusses similar to "selecting a place to invest" topic: http://www.biggerpockets.com/forums/432/topics/72764?