there are 80M households in the US who own and 40M who rent. 

Generally the more median rental amounts $600-$1000 tend to not waiver much with market shifts because the lower income households cant afford anything more and can't get a loan as easily to buy a home.

The authors categorize housing prices at a median {household income} multiple of 5.1 or greater as Severely Unaffordable.  

No savings.We noticed that credit card applications asked for "Household Income," not individual income. 

Some facts about Jamestown, NY Population just under 30k Median household income 31kMajor employer manufacturing, retail, health care Unemployment a little higher than national average

Detroit's lead program has had similar issues.1) It's all political to protect children in low-income households in Class C & D areas (Andrew's Catch-22 homes), as no one's clamoring for lead-based paint testing or abatement in Class A & B suburban cities.2) Politicians originally passed a Detroit ordinance requiring LBPI every year!

Wage garnishments are pretty much impossible here, especially if the person is the "head of household."

Using our W2 jobs to keep our household budget running along as usual, we plow all rental income into paying off the short term loans and making long term CapEx investments. 

Mainly I've looked at the Population Growth, Median Household Income, Vacancy Rate, Median Rent, Landlord friendliness.  

We used a HML (really before transactional funding was a household name among investors) to secure the transaction with the bank and flipped it the same day to an investor who wanted to live there temporarily then move onto another home/project.