You could make a decent profit because the house prices are so low; however, you could end up spending a fortune on eviction fees, repairs after a tenant move out, etc. because the type of tenants you would be renting to.

That he wants to spend the rest of his life, however long that may be, as a human being. 

As you do more deals, you have to spend more time, effort, and money to comply.

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.

Rather than spend time looking for note investors, I'd recommend you look for private lenders or a bank that can provide you with funds at closing.

@James Xie I am not in the warehouse space, but it seems like you need to spend a lot of time researching the single tenant.

And I managed to not insult or denigrate how people choose to spend money that they earned.

@Justin Urich and @Gwen FyfeNew owners are are getting mail either from the franchise owner wholesalers (ugly houses guys) and others who spend a boat load on marketing or newbies that didn't scrub their list and only selected absentee owners. 

You should save more money and do not buy anything you do not need to have.only spend big money on things that you will make more on than that costs you.Go to any local real estate groups and events.