Hey @Nolan NeuI invest in student rentals in CT and am a lender, so happy to chat on either subject.For student rentals, you want to know:1) Is there a limit to the amount of students (unrelated members of a household) that can live in one house2) Who will be signing the lease?

Plus, massive federal fiscal stimulus, including $1,400 checks for most households, also gave people more money to spend.

Does it matter that the towns they are not high income areas, median house hold income is $45-50k? 

That is the demographic, in a 2 person household, which is buying up real estate in this town currently.It's always been expensive to live here, but definitely more so now, than in the past.

Credit score and criminal history will be verified.Minimum household income 3x monthly rent.

How do you handle the necessities splits Dishsoap, Laundry Soap, Household cleaning supplies?

For your personal household budgeting, just subtract living expenses by how much of the mortgage will be covered by the two units being rented.) 

New renter households were created at about a 7 to 1 ratio over multifamily supply created during the recession.  

An example would be a borrower who states they own no assets other than their home, autos and household items, but whose tax return shows rental income.

But having a steady income in your household not only pays the current bills, pays for benefits such as insurance, provides funds for the lifestyle, and any excess income provides your own pre-approved source of interest free capital, but it also makes it much easier to get banks to help you build wealth.