Another good thing to check is the median household income for the census tract, this can help gauge the quality of your potential future tenants. 

Below is a quick example I did by using the Renters by Income Percentage data set and selecting the Houston MSA looking at the Gross Rent Percent of income less than 20% in 4 different Household Income Ranges.

However, drags on household finances including still elevated gas prices, and multi-decade highs in credit card interest rates may need to abate before consumer goods spending can reaccelerate and give retailers the confidence they need to resume distribution network expansions.Regardless, oncoming new supply is all but certain to push the national vacancy rate up during late 2023 and early 2024.

Common household cleaners don't work. 

Or hands off, long term Rent, Write off all household expenses off the income, get lots of experience with multiple strategies.

You'll come out ahead in the loooong run but a dollar today is worth more than 20 years from now.They do make a coin op version...you could always allow the current tenant to keep the quarters then switch for a 3/4 person household.

Nonetheless, I provide you with this map below that shows the risks grades for the city on an A to F scale based on a number of indicators such as poverty rate, household incomes, and educational attainment.

I guess I should've added that we both work full time currently gross household income is $100,000.

I agree with Mike's reasoning on valuation of Average New Home Price / Average Median household income.

Of course the figures vary by location (and you may be in an area with stronger renters, financially) but with only 11% of renters making over 75K household, I actually focus more on the middle, lower income, with 74% of the renters making under 50K.