I grew up in Southeast Houston, Texas with my sister in a single-parent household after my parents divorced.

Although there are no foreseeable catalysts in turbocharging household incomes or population growth, there are no foreseeable cataclysmic events that should shake that up.

Cary is one of the highest average household income areas in our market.

If that's the case, you're going to go places that have lower than median households by a disproportionate amount, also likely higher crime, and steadily less accessibility.I think the root of your question should be what does my risk tolerance allow versus how cheap can I go?

I’m just curious on how some of you pros would start out if you had a stable dual income household $135k/yr, a 3 month emergency fund, and 15k saved up.

(Holding)12 luxury condominiums (sold)6 commercial spaces (5 sold) (1 holding) What made you interested in investing in this type of deal?

Some facts of the house:Location: Nassau County, NY, Town of HempsteadYear built:1929Purchase price: 290,000 in 2013Condition: AverageLot size sqft: 5000Livable sqft: 760I'm seeing several houses in my zip code that have been demolished and rebuilt into new houses with the maximum allowable livable square footage selling between $1.0M- 1.2M.Which is a better option taking into consideration, profit and capital gain tax (assuming my household income of 80K)1) Should I sell this house as is at $450K2) Demolish this house and rebuild it without taking out a loan.

Applicant(s) must have current photo identification and a valid social security number.Applicant(s) monthly household income must exceed three times the rent.

I will be focused, however, on converting the townhomes into condominiums and selling individually to homeowners.

You may find that collectively (as a household) you may end up with a bigger tax bill/smaller refund when you file separately vs when you filing jointly.