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!

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.

Further, you've stated that median household income is $53,000.  

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 . . . . 

Location Investment criteria> 50,000Near Walmart, Lowe’s close driving distanceUnemployment < 8 %Median household cost > 100,000 so you are not competing with stick built homesPopulation growing, stable, not significantly declining Great School district Crime rate not crazy Job diversity: call chamber of commerce, new jobs/employersPlanning and zoning figure out what type of zoning you have what you can and cannot do.

Develop BiggerPockets into the most beloved brand in real estate, have it become a household name in America, and help millions of ordinary Americans feel comfortable taking advantage of the wealth building power of Real Estate.Thank you BiggerPockets!

I'm going to be getting into some rental properties but I have no income (my husband is the only working member of my household) so I was worried about how many loans we could get.