They are not as stable as a higher income earning household that may be looking for a rental payment between $1,000 and $1,500.  

But basically, if you are looking at multi-family housing anywhere, two key metrics to look at include average household income, and rental prices.If we figure that once a wage becomes unlivable, then rental prices have to drop.

Cottage Grove is perceived as moderate in household incomes but that isn't actually accurate.  

We had a family of 5 but had as many as 8 in our house hold.

You might want to house hack as your first project in GA, especially if your funds are limited and you are the only one with a W2 in your household.

She is bringing all the income for the entire household and few months ago she was in hospital.

Found the following:median home value is $40k (40%) higher than my target ARVmedian rent is $113 lower than my targetmedian annual household income is $854 less than targetmedian annual household income times .75 divided by 12 divided by 3 is $136 higher than median household rent (Another way to look at it, gross median monthly income is 4x target rent.

Organize household budget3.

Housing prices {Single-Family, Condos and, to a lesser extend Multi-Family Apartments}, across the country, but specifically in the GTA, Vancouver, Calgary & Edmonton have increased at a rate that outstrips the growth of household income (which has been relatively stagnent for a generation).

Since we're lucky to get 10 households represented at our meetings, and since I quit as president the current board sometimes have the opinion that the "by-laws" are "by-suggestions".