My second spreadsheet is mostly pulled from census data/trulia/zillow (so I take the numbers with a grain of salt) but it lists on the X axis the zipcodes as well as the county as a whole.On the Y axis it lists: average listing price, median sale price (90 day period), median sale price versus last year, price per square foot, price per square foot versus last year, median rent per month, vacancy rate, annual property growth value, number of rentals on the market for that month, median rent versus last year, median rent divided by 1BD/2BD/3BD etc etc, median age, median household income, school districts, single residents, college educated percentage, percent home owners, population growth etc (there's more but I feel this is sufficient to get the point)3.)

Hello all, I am wondering if the 3x the rent income rule applies to the entire household or each individual tenant.

Regardless, wherever Millenials decide to go to live, if they're moving out on their own it means additional households being added to the market. 

We can talk specifics if you want but there is household growth, job growth, population growth going on in the area which allows for great investing fundamentals.

I grew up in what I would a call “C” class mentality household and although we never trashed a place and in fact my mom would shampoo and repaint before we left, we typically got evicted due to late or missed payments(personally I haven’t missed a due date on a single payment since I was 18). 

I don't believe the market rent prices are high enough to cover the median household price. 

Upon searching for a given city, you can view lots of helpful demographic data like renter occupied % rate for an area, poverty levels, median household income, % of jobs per a given sector, and much more. 

If any of these cause water to escape fromplumbing, heating or air-conditioning system or household appliance, the Underwriters cover damagecaused by water.

"Real Household Income" and "Real Median Rents" spread across the entire country doesn't capture the intricacies of local markets, of rising income in the SF Bay Area (or Portland, OR, etc.) driving higher investment and rent.However, the point remains.

My reasoning is, even though I am "the landlord", my time is a resource that I leverage each day to provide income for my household.