It could appear to be a form of red lining or part of a block busting practice.

He's buying notes for pennies on the dollar, however, and his options will vary by the margin he buys them at.A 'class type map' of Milwaukee doesn't exactly exist, and I think they were outlawed altogether when fair housing laws were passed ;) You could, however, look up an old HUD or FHA redlining map and the damage that those housing practices accomplished is still reflected today in many areas of the city.

The practice of rating neighborhoods is called RED LINING and a licensed agent/broker is forbidden to do so.  

(red line)

This is considered red-lining.

They legally cannot deny a loan for a property in a given area, that is an illegal practice called redlining.

This is just a screen shot of the city limits (red line). 

If we bought a house, the longterm cumulative effect looks like this: The grey line is property value, the green line is your equity in the property, and the red line is cumulative payments.

North Omah a NE has historically been red lined but recently received a big influx of funding and has some strong Econ dev nodes.

Do you typically just have them in the LOI or do you have your lawyer redline the legal documents?