The city's median household income of $31,843 a year is well below the U.S. median of $57,652.There are likely many factors that contribute to low incomes in the area, though one of the most significant is employment.

I'm SERIOUS about a three way 'win-win...' vs. burning the seller and/ or buyer, and with 124 million US households alone, that's perhaps 5 million residences that fall into that 80%+ who can't 'qualify' for a mortgage today, and once the next 'correction' hits, I suspect that 'owner financing' will again grow in both public awareness... and then popularity and use???) 

And I essentially have no hobbies aside from fishing and household projects, watch no TV, no sports, since I am already spending an average of 25-30 hours per week in real estate in addition to the 40 I spend in W-2 role.

So I am now teaching, which cut our household income by about a third.

For short-term rentals (STR), your household needs to meet material participation rules and both of your hours counts towards the MP hours.

It means a lot to me to start this journey as I grew up in a broke and very non motivated household with no inheritance in the foreseeable future and I want to be the one to change that and build a portfolio to pass down to my kids. 

The math is easy, the 1st Lien Heloc, even at a higher interest rate, will out perform a traditional mortgage hands down with respect to gaining equity/wealth much faster, with no change in household spending habits. 

With 10 of the too 20 counties as measured by median household income in the DC area (and that doesn't count DC proper as it isn't a county) I find every one I know here has a high paying job.

And state whatever your requirements are for income..... for example "your household take-home pay must be two and a half times the monthly rent".

I'm not going to be scientific here:Single/unmarried men - Higher default due to younger age, lower income and higher risk toleranceWidowed men - Due to wage differentials and the likelihood that a male is the household earner, the male will have a better life insurance policy in place.