Also, Sheboygan has the most middle class households of any metro area in this study: https://www.pewresearch.org/fact-tank/2018/09/06/the-american-middle-class-is-stable-in-size-but-losing-ground-financially-to-upper-income-families/.Happy hunting!

Monthly pre-tax income for household 5.)

Hi Peter, no the 3X means their household income needs to be at least 3* of the asking rent.  

All of their food waste, and typical household rubbish had been dumped down there for years.

If your 6 units was in a single property, you do something wrong and you have 6 households suing you, much easier to get to $5M.

Every day I go buy things for my household I decide whether the price I pay for an item is worth it or not.

-Annual Household Income (we have a minimum income limit of 3x rent)?

I suppose your point would make sense in certain markets and class-C properties where the average renter/household is earning minimum wage and seeing a 100% increase over the next 3-5 years.

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

Long time lurker, first time posting.I’m 29 and my wife and I have a household income of around 200k.