With our property management, we look at household income and credit.

@Jane S.I had a household with 3 adults and an income about 5X my rent inquire about my rental house. 

Converting an office building into condominiums, as some have office condos, renovating an apartment building, converting an old motel/hotel into student housing.)

All that said, South Florida still has a little taint to it from all of the mortgage fraud and other financial frauds that took place and purchase money mortgages are still scrutinized.It looks like you are from Canada so much of the up and coming real estate issues that Canada is going through right now is present in Florida related to home affordability versus household income.

Originally posted by Max Householder: Originally posted by @Matthew Paul: Throw some moth balls in the attic where they come in Beware that mothballs are a pesticide and it's clearly stated on the packaging that it's against Federal Law to use them for anything other than their intended purpose.

Originally posted by Sandy Blanton:Dave Ramsey says pay cash always and spend no more than 6 month's income.This would apply if you only had one vehicle in your household.

Wide range in the USTexas is still relatively affordable, with Dallas, Houston, and San Antonio each requiring less than $50K household income to buy a home.

Owner has wanted to convert the fourplex into condominiums but is too busy to get around to it.

The investor purchased the asset with the intention of renovating the units and adding value by increasing rents.South Shore remains to be one of the most undervalued neighborhoods in the City of Chicago relative to employment, average house hold income, occupancy levels and rents.

I presently own one property that I lease, my first purchase as a home owner, a one bedroom 1 bath condominium in the North Main area.My goal is to break free from the sales industry and join forces with my lovely girlfriend,  Ginger Brewton.