I heard that you should be following the rules below when investing in Indianapolis:High Income is good for Fix and Flip but not Cash Flow.Rule 1: Household Median Income should be between 40-70K.

Assuming good faith (another topic), you could rely on this information to determine if it is a consumer purpose loan, and therefore involve all the requirements of Dodd-Frank, or if it's a business purpose loan allowing an exemption.A consumer purpose loan is one in which the money is used for "personal, family, or household purposes."

Nearly 40% of Gilbert residents hold a bachelor’s degree or higher and the median household income is $80,080.

With household incomes around 37k per year, are people finding quality tenants or is it a cycle of rent, evict, re-rent, evict....? 

Most of DPA programs are first time home buyer and they count household income.

For the economy as a whole, this results in a negative "wealth effect" that can reduce household consumption."

We are not at peace on this block because of this one household and I stay constantly alert on these people because they don't like us and the feeling is mutual.

The SAFE Act defines a residential mortgage loan as "any loan primarily for personal, family or household use that is secured by a mortgage, deed of trust, or other equivalent consensual security interest on a dwelling (as defined in section 103(v) of the Truth in Lending Act ("TILA")) or residential real estate upon which is constructed or intended to be constructed a dwelling (as so defined)".

Now, I might not be able to help with affordable housing for EVERYBODY, however, for those household who DO have a disability of one type or another (and the list is fairly long), then this WOULD apply, in which case you can give both the city code enforcement officer and your NIMBY neighbor the finger. 

Assuming that you are attempting to cut out spending, there are likely to be only three categories in which you can make a material (decades faster in achieving your goal) difference.Note, this does not take into account what you can do on the income front.These three categories are:* Your Housing Costs* Your Transportation Costs* Your food costs See this graph of average american household spending from the Bureau of Labor Statistics:Where are lattes in that graph?