This strategy works spectacularly well with house hacking, and can bring cash-on-cash returns through the roof but household income must be under the program limits (up to $145,000) to be eligible.

Insurance - ValuePenguin, Metro Property Taxes - LendingTreeEconomic health - A good indicator of economic health is a rising median household income.

I make sure they know about the requirement for household income to be three times the rent.

You take you $200k+ per year salary and move to an area where the median household income is a third of that.

As of the date of this Agreement, Landlord warrants that the dwelling’s sewage drains are in good working order and that they will accept the normal household waste for which they were designed.

New Jersey has the second highest percentage of households that earn more than $150,000 per year but the high incomes are offset with high expenses. 

Prenups were not a household word when we were married.  

then I research the owners & check to see if there are any specific things that might cause them to sell such as new additions in their household which may cause the need for a larger house or if there are any unpaid taxes or code violations etc.

Crime is my number one indicator on most homes, but I also look at Median Household Income, Education Level, and Percentage of Home Ownership as well as they drive many of the factors for desirability and appreciation.Second place to look will be Zillow, Homesnap, and/or Rentometer to get an idea of the rental markets (if you're investing in rentals.)

As used in this paragraph, “immediate family†means a spouse who resides in the same household and children.It states that in no case can a property be sold for less than the taxes owed plus expenses not 2/3 of FMV