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

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?

Cleveland is incredible for cash flow, with 55% of households occupied by renters.

I am not talking about coming up with the downpayment but rather regards to mortgage affordability.If I wanted to buy a second property with the same household income, how would it work?

If the voucher holder or anyone over 18 in their household gets convicted of a felony or drug charge, they lose the privilege of having a voucher.

I was interested in investing in a market like Orlando : Median Sales Price: $115,000Median Rent Per Month: $1050Median Household Income: $42,418Population: 255,4831-Year Job Growth Rate: 4.6%1-Year Appreciation Rate: 12.6%3-Year Appreciation Rate: 38.4%Here comes the catch, I could not afford or have the time to be traveling back and forth from California to Florida routinely to manage the property, etc.

Some of the most attractive qualities I've noted are:- Strong economy and job market- Strong future job growth anticipated- Median age of homes well below US average- Solid percentage of home renters vs owners- Solid gap between average household income and cost of living- Very low crime rates- Highly rates schools- Overall good weatherFrom December 26th - 30th, I will be in Bentonville to network and conduct some on the ground research. 

But must be verified by 60 day history, and must be a gift with no requirement to pay back.Reserve Requirements 3-4 Unit owner occupied properties must have 3 months PITIThree (3)- and Four (4)-Unit Property The maximum mortgage amount for the three (3) - and four (4)-unit properties is limited, so that the ratio of the monthly mortgage payment, divided by the monthly net rental income does not exceed 100%, regardless of the occupancy status.Livable Conditions The property must demonstrate the following characteristics: A continuing and sufficient supply of safe and potable water under adequate pressure and of appropriate quality for household uses.Sanitary facilities and a safe method of sewage disposal.