But since we are buying this house, hold it for a year plus, then sell it the capital gains will not be bad at all (say 10-20k, or maybe 0).Thanks Community

AVG CREDIT SCORE WAS 665 AND AVG GROSS HOUSE HOLD INCOME WAS $4,931.

Did you know around 70% of US households have a pet?

Tareq,Keep this in mind:Housing And The Great Recession end of page 3 and beginning of page 4 "Although housing prices have fallen and prices in general declined during the recession, figure 6 shows that rents held steady and continued to increase, as more house-holds turned to renting.

If they’re getting the price they’re asking for, that’s good.Low unemploymentPer capita and median household income risingGdp growthAny thoughts on which of these is more important and if any are ignorable?

Also they didn't build almost any in the Last 7-8 years, so around 150-200k behind. this is the same in every major cities. but if you are willing to do Reno, there are still some gems to be found. banks require 10% from first time buyers and 20% from others. onlu allowed to lend up to 3.5 times the total household income. 30% required from investors. government is hoping for the landlords to sort out the housing problems, but at the same time won't allow us to make any profits on it and create too tenant friendly legislations.Thanks for your replies guys. 

New households are formed, you see the picture.The showings are the issues, not the buyers not wanting to buy!

http://money.cnn.com/2017/02/16/pf/americans-more-...Household debt is back up to 2008 levels, but delinquency on debt is ~ half.  

Third SFH is a restaurant household and both husband and wife are out of jobs plus 3 kids at home.

@Max Householder has a good recommendation as well.