Nashville and Austin have high job growth and look to be recovering well, Phoenix less so.Last thing I'll mention is a concept of "shadow supply" or potential hidden supply to come on the market due to fallout of foreclosures from 2020 and moratoriums, as described by Ken McKelroy.

After calculating the NPV with, or without the updates, the return is excellent.Here are some details about the town:- median household income = 27k / year- median property value = 85k- population around 9000- approximately 1.5 hours away from AtlantaI currently have a couple of rentals generating between the $2000 - $3000 / month and I have had excellent luck finding quality tenants (by performing credit & background checks along with salary verification), great contractors, and self-managing each of my properties (and one is half way across the country).Does anyone have any thoughts or comments on what it would like to own and manage a block of duplexes on a street in a lower income town?

The FAQ from the Treasury https://home.treasury.gov/syst... made reference to "rental assistance be provided to temporarily displaced households".

However, the concept of locking and the implications tied to it should have been explained to you.Call your Mortgage Loan Originator and ask them why it changed. 

In other words during 2020 (the pandemic year) you could have a household making $16,000 per month and they could not pay rent claiming hardship! 

Hi everyone from BP family,i have a question that received some answers on but not from professionals ,just friends so i am not sure,Soi am on my way to buy a first property at the end of the year for house hack and should i use my personal income when applying for a loan or my wife’s too,as a household income,even if i can get approved myself?

Discussions like this most often miss the concept of implied housing expense (IHE).

Also the 'Bidding to Buy' book is a great resource around foreclosures that breaks down the complexities of the foreclosure process into easy to understand concepts.

  ( in addition to rent, keeps the place clean and little or no damages ) I gave everyone a meet the landlord letter and  a tenant update sheet to fill out giving me a better idea of the household income etc.  

It estimated that the average household that has fallen behind on rent owed $5,586.