There have been 3 different households prior to this tenant. 

., CBRE, Colliers).)Affordability: Ensure household income has grown at least 1% YoY for the past 20 years.

Might I remind, median household income in San Diego is $89,457.

Vacancy rates for both owner-occupied housing as well as rentals is at a record low and for the first time in 100 years the average US household size grew because young folks can’t find a home to move out and start a new household.

@Max Householder Thanks!

Is your monthly household income above three times rent. 2.

My household income is 90K annually and the bank I like to use has only approved me for up to 350K.

I have a no pet policy, however I have been approached by those with a signed paper from an online doctor that says someone in the household needs a comfort animal.

Checkout the median household income by block group on vestmap.com.

SFR's are still strong and some of the outlying area's which in days gone by would not have seen investors drive through let alone purchase property in, are now good area's to checkout (Otara, Onehunga, Mangare Bridge etc).As always, if you're on the ground, there are deals to be had, but with property prices at 6-8 times the average household income, for me, the figures (currently) don't work with ROI's in the low single figures . . . .