I create "pre-app" forms on Google Forms that ask about pets, who will be living in the house, their household income bracket, history of evictions or violent felonies, and even give the applicant a chance to brag on themselves a bit to tell us why they'd make a great tenant.Once I collect these pre-apps I take only the qualified applicants and show them the house, then if they are still interested, I invite them to go through the full application process with background/credit checks from there.

If household earned income is above $250k for a MFJ couple, the 0.9% medicare surtax kicks in on the excess.Best of luck.

If the wife is not on title, not on the loan, and not living in the same household as the husband, she is irrelevant to the bank, as far as income. 

Just off the top of my head, things I would consider to be relevant in assessing the "health" of a community are demographics like the average age of people living there, percentage of the population who are home owners (as opposed to renters), average household income, recent economic growth of the region, the kind of jobs coming in to the region. 

I have the following to offer a bank:$130k home that is paid off$25k cashMilitary Veteran$130k Gross household income w/ Income to Debt 1.5%$50k can borrow from Retirement834 credit scoreI'm really not interested(can be convinced) in moving and renting my place out or a HELOC but i'm just curious what an experienced investor would recommend a newbie with the current setup. 

They offer a tremendous value for the dollar, in which households can live in nice areas for a fraction of the cost of stick-built homes.

Household incomes are around 150K-200K.

You need to first save up enough buffer to weather household emergencies, car repair, job loss etc.

ClasonStart with an honest assessment of your household finances: savings, credit, debt, etc.

I live in Charlotte NC and my salary from the rat race exceeds the median household income for the area.