What I can say is there's 5%-20% chance you would lose money depending on the asset class. If

Fundamentally, the SEC established (in 1934) three classifications of investors: Accredited Investors, Non-Accredited Investors and Sophisticated Investors.  

You do not have to be a Real Estate Professional to take advantage of this active investment classification if you provide the material participation requirement.  

Jeff BeardIs that classification for your accounting or for the IRS?

FWIWTax Guide for Small Business (Sched C)http://www.irs.gov/pub/irs-pdf/p334.pdfPage 12, on Accounting Methods.No industry, or business type classifications as to who can use what.Per the use of the trust account, from the description Elliot gives, that is exactly what is happening.

I'm stuggling to distinguish the different classifications of neighborhoods.

My point is if you have a belief that due to their particular classification, definition or whatever renting to them would places your business at a higher risk do you choose not to rent to them.By not renting to them I am not suggesting you deny their application based on your belief but rather do you continue to advertise and screen applicants for a more suitable/better or equally qualified candidate then simply notify them they are not accepted.

Lots of good discussion on this very topic in an ongoing forum thread over at Atlanta Neighborhood Classification Questionb) How is the job stability?

I personally feel that one of my dogs - the one with the AmStaff classification - looks like a dog I had growing up.

I never take into consideration any form of "protected classifications" when screening applicants.