Factor in 50 to 70K household income can't really take you far here. 

There are now two households hosting families and they are expecting to grow

If you're purchasing a rental property, the market rent (about 50%) can be used to qualify in addition to your annual household income.

Just wanting to make sure we are looking at everything correctly before we get out of due diligence.PP: $305,000Seller is contributing $9150 to our closing costs and we are putting 5% down.HOA is $500/year and taxes were roughly $2800 last year.HOA has no rent restrictions but does have a clause in their bylaws concerning household composition.

@Max Householder Daniel i believe we have a chat already going. 

@Kirk Watkins @Max Householder Thanks guys feeling the love. 

This is where it gets fun, Whirlpool announced that it would be selling its appliance financing division to TransAmerica and somehow it was rolled into a company called Household Financing Corporation (HFC).

It basically zeros out the largest expense any household has: housing.

Many of these people come from areas where dinner is whatever is caged in the backyard ,where household garbage is simply tossed out the window and using cleaning products is nonexistent .it will be a learning experience to say the least

I am the sole money maker in the household my wife is stays at home with the kids.