Thanks @Max Householder for the recommendation.

After they have viewed the property, if they choose to apply we require a separate application for each member of the household over 18.

This can cause people to trade down in their housing in order to balance their household budget.

Build up an emergency fund of 3 months worth of household expenses.

In fact I know a lady who is looking for a house like this who wants to sign a 'lifetime' lease.Unfortunately I have some rehabs already in progress and my moonlight/weekend people are tapped so will need to use a more traditional/full time contractor team on this.There are some useful items at the house, extension ladders, tools, household supplies, etc.Best wishes for your projects.

It was just a common house hold spider too.

We had tons of interest and ultimately got a two year lease at $1200 per month.Also, our ad includes the requirement that the household income be at least three times the monthly rent.

In San Francisco $200,000 is not an uncommon household income.  

Bank finance will make sense for the owner occupied assets that we will go after and also the single family households.

Some Condominium has not had the price increase yet, others you can see prices rising from 70K to 100+K.