However there are plenty of households of 1- 3 who will.

households owned their homes in the fourth quarter, a level last recorded in the third quarter of 1994.

Here's why:First, most of the difficulty in managing a property comes from running it like a household.

In the third quarter, 51.1 percent of households with expiring apartment leases chose to renew.

For example the downtown is not as ritzey as LA, Portland, or Seattle, many households are the traditional one male breadwinner mold, and when I went to eat at a restaurant people were wtf it's an Asian dude.

We will both graduate May 2018 and will likely have no problem getting a job which will lead to a rough doubling of household income(she is going for nursing and I am going for accounting).

I think having the right expectations with buy and hold is key. 2) Being a landlord for 1 single family household is not that stressful.  

Regardless of your financial situation, that puts strain on your household, financially, psychologically, and emotionally.If you move forward, you and your wife should both be on board with that possibility.

Is it more like 1 loan per household or 1 loan per person?

"To sustainably provide Safe, Clean, and Afforable housing for Single Parent households and Survivors of human trafficking"It's possible to run a profitable business with the goal of serving both investors and the beneficiaries (renters) at the same time.