My wife is leaving her teaching job to join me full time in real estate and because we will be a fully self-employed household we are worried that a conventional loan is going to be out of reach (Hillary is legally employed until end of August).We have about 10% that we can put down on the purchase of the house.

The average household income in Orange County is far more modest, around 80K.   

Next is a chart of LA housing prices relative to average house hold income.  

Indianapolis median household income is $42,076 in 2010-2014 and has grown by 5.06% since 2000.

You'll typically see them partnered with traditional Self Storage - meaning those Facilities offering Storage Units for folks to store their household treasures AND on-site parking spaces for Boats, RV's, company trucks, etc. 

Economy"The Golden State has no peers when it comes to expanding GDP, raising household income, investing in innovation and a host of other key metrics."

There are plenty of neighborhoods touted as ‘improving’ with 60%+ single mom households and 90%+ poverty rate.

Some of the metrics that I find valuable to understand are:- Population Total- Population Age- Home Values- Household Incomes- Rental Vacancy Rate- Homeowner Vacancy Rate- Poverty Rate- Educational Attainment Rate (High School/GED & Bachelors)- Number of Housing Unit- Rent to Income Ratio- Rent to Price Ratio- Population on SNAPS (supplemental nutrition assistance program) percentage- Property Tax Rate- Median Age of Buildings- Number of Structures by Units (SFR, Duplex, Triplex, Quadplex, etc...)- Median Rents by Number of Bedrooms- Unemployment Rate- Employment Sectors Percentages- Number of Building Permits Issued- Foreclosure Rate- School Ratings- Crime StatisticsWhen you consider all the variables listed above you will be better able to judge a locations tenant quality.Also take into consideration the direction in which each of these market indicators are trending.

The area is only about 14% rentals with about 861 households, while the rest are homeowners.Household rent affordability in the area is 61% at about $1,100 and 86.4% above $700.

Statistically, housing prices in Vancouver (GVA) are ~11.5 times household income - almost 74% less affordable than Toronto.