For myself, I am a high income W2 earner and I currently have FEIE foreign income tax exclusion but at some point I have to be able to return to the USA fully or at least hedge against that possibility.

If they are not good tenants, the lease does not get renewed.When we determine the general direction for the year we look at:- inflation (US)- hourly wage growth (US)- market rent growth (in my case Milwaukee)We also monitor the market and our competition, we get feedback with every turnover and see what fair market value is.

Someone who is a very high W2 earner (e.g many of my younger tech friends) are fine with taking more risk, buying lots of OOS, scaling, etc. 

When that figure was first used the Federal Minimum Wage was $1 per hour and the 1099 requirement represented somebody who worked for you for a minimum of 600 hours. 

We calculated in our head this as 6 people working one day, at $250 per day, highest wage this amounted to $1500 labor, beam $450 with mark up, $2k to $2.5k sounded fair. 

It takes a pretty healthy wage for an individual to rent a small one bed.

Mortgage banking- when I think about the current interest rate environment and regulations I cant help but think this industry is dead for aspiring six figure wage earners.

I personally believe that Pueblo West has long-term potential of housing prices to outpace local wages. 

People want close-in, relatively "affordable" housing as city's become more in favor simply because we are moving away from a city based manufacturing country(dirty and low wage) and into a services country("green" and high wage). 

Is it common for agents to compensate assistants on an hourly 1099 wage while they are training?