“Due to high home prices, stagnating job and household income growth, and ongoing development hurdles, Austin continues to lose out on economic development opportunities to surrounding suburban markets.

For retail you would consider, vacancy and rental rates, area demographics like household income and household size, age, etc.

Realistically we don't mind stretching ourselves a little thin for these couple of months while I fix the house, and hopefully make some sweat equity, then once my work authorization comes through and I'm able to start working we could at least double our household income.Any ideas/recommendations welcome, thanks guys.  

@Daniel Haberkost@Dennis Cosgrave@Mike McCarthy thanks for the tips.. i'm just thinking..I may give a try in building some small tool like a utility portal to show all the utilities per door and household and to just set alerts if it ever goes overused.

I know allot of us are into REI and business so budgets are simple for us, however allot of people don't even a standard household budget. 

I am not talking about coming up with the downpayment but rather regards to mortgage affordability.A hypothetical situation when I enter in one of the banks' mortgage affordability calculator:Annual Household Income: $100,000Downpayment: $50,000It says, mortgage amount approved with default insurance is $711,129 with a monthly mortgage of $3,380.What I don't understand is that, if I wanted to buy a second property of $500,000 with the same household income, how would it work?

There is a huge pent up demand from the millenials generation, who are starting a household and have not bought a home yet.

If you don't want to post the city then at least post what the city's population is and what the median household income is and what the median home price is and how close the nearest Walmart is.  

The median household income is just over $50k/year.  

I am a LL with a large portfolio of Detroit SFR rentals.It is not a Civil issue anymore it becomes Criminal intent on your part.I can go in-depth on the various scenarios (with experiences picked up over the last 7 years investing on Detroit) but would not wish to as it is a different topic on it's own right.Hence, Sorry but just take this experience on the chin and go through this eviction like a Landlord would do.For the next tenant, follow a regimented Screening process: 1) Check the 36th District court for past evictions & money jugements (LT issue and GC issues), if it is under 3 years avoid the drama and move to the next applicant.2) Previous Landlord verification - call and speak to them (run the Landlords name if you have MLS access against the ownership records)3) Employment History and Stability - 3 times rental income atleast. 4 times if it is under household share.4) Credit Score - a Good indicator but take it subjectively as a Low Credit score is not an automatic refusal.