Median Household Income3.

Don't loose sleep on it, but you could perhaps consider smaller household for this unit when they come vacant. single person or couple without kids would be better. of course you need to follow the fair housing rules. 

Garages don't have residential depth slabs - and they will make you dig down to reinforce that slab to bring it to the appropriate strength (I know - how does a household need a heavier load capacity than a car?).

However, I asked for a co-signer outside of the household, 2 months bank statements, 2 month pay stubs, references of past landlords, and did a background check and credit check through RentSpree.com .

Brooks  April 8, 2020 / 4:50 PM / MoneyWatchExhibit A: As of April 5, some 31% of the U.S. households that rent hadn't paid it for the month, the National Multifamily Housing Council said in a report Wednesday that tracks how the pandemic is affecting the housing market.

No garbage disposal, limit chlorine bleach, don't pour grease down sink.

•Mortgage Loan: Any:•Residential Loan primarily for personal, family, or household use which is secured by a mortgage, deed of trust, or other equivalent consensual security interest on a Dwelling, as defined in s. 103(v) of the federal Truth in Lending Act (TILA), OR for the purchase of residential real estate upon which a dwelling is to be constructed (raw land);•Dwelling (TILA): “a residential structure or mobile home which contains one to four family housing units, or individual units of condominiums or cooperatives.”

Cost of furnishings - luckily in our market the majority of properties come fully turnkey meaning, I write my contracts like so: Personal Property included with the sale, any furniture, décor, lamps, kitchen and household wares, linens, electronics, appliances, all patio and deck furniture, fire pits, hot tubs, rugs, currently located at the residence at no additional value.  

I've developed, use with all my coliving properties, and teach HPM (household-led property management).

You can go by median household salary , I think its $80k, so what ever top 30% is in OC that a good indicator.Last crash was due to the load process and people claiming to make what they didnt really make, it was the same thing that  led to Great Depression, the loan process has changed, so this correction is going to be town buying), or an unemployment crisis.