With that kinda money you are near luxury living monthly out of pocket pmt.One more thing, even if roof is good (besides other necessary household utilities) 5k down pmt is a significant number for anyone ok living in 10k house neighborhoods.

Below is an excerpt from that ruling:In 2016, for example, the penalty will be 2.5 percent of an individual’s household income, but no less than $695 and no more than the average yearly premium for insurance that covers 60 percent of the cost of 10 specified services (e.g., prescription drugs and hospitalization).This is significantly more expensive than $95 - $2,000.

In my lifetime thus far I have seen things go from 1 income households surviving, to suffering, forcing 2 income households being normalized, first thriving, than surviving, now struggling on razor thin budget's. 

I'm tempted to bid on an Amazon pallet of returned household goods for my next property, would be curious to hear from someone who did this. 

This thing that jobless number go up and people will be forced to sell is proven to be wrong too, otherwise home price in bay area would go down a lot by now.Reason: typical household has dual income , one layoff the other can cover; and then even if they have to sell, the rent would be there anyway.

A more useful metric in this scenario would be "number of households."

High income household and involved in syndicates but no individual investment properties owned (though interested).

Things to look for is a good life style, warmer climate, good jobs moving into the area, affluent households moving into the area. a new up and coming area that is starting to go viral as a desirable place to live.3.

And it's possible their houses might be underwater or one of the two head of households lost their job?

Mostly blue-collar service workers w/ 2 adult income earners per household.