JohnT Your correct in that you can be sued. That is why you have to have a approval process. If you apply income and credit scores evenly to everyone that applies your pretty well set against any suit. I play by the numbers. Income and then credit score after checked references. I had a white couple madder than heck at me a few years ago when I rented the one house to a bi-racial couple. The bi-racial couple had a much better credit score and income level. I do not see color in these cases. I can and do see financial worthiness.
A better idea than renting if your in a lower income area is buying and selling the cheaper houses. The repairs needed are similar to what you do when fixing a trashed rental house. Then sell it and buy another. Even then I am not sure you can make money in a local depressed housing market.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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