The first one had dealt with 3 management companies in 4 years, the last of which rented one unit to a sex offender who was molesting a 14 year old girl in the apartment.

Bad neighborhoods require 3x the due diligence, on vacancy rates, expected turnover, crime/sex offender rates, gang activity, potential deterioration in surrounding properties, possible exit strategies, on and on.

Whether it's race, sex, age; someone is going to be biased.

If the education turns out to be a good investment perhaps a portion of the cost could come back from the next 6 deals you guys do.We always pay for our learning one way or another.Remember a partnership is like a marriage without sex, but that doesn't mean you can't get screwed!

@Chaunna Henry: I look at the crime maps and the sex offender database to get an idea of crime in the area.

I would be driving 45 mins both ways to meet someone who is currently unemplyed, tryimg to break a lease, sex offenders, criminals, etc if i showed the property otherwise.

Age and sex being two of them.All that said, I have no idea what the process is like in Serbia or in your area.

You should also check the sex offender database.

You should also check the sex offender database.

There are sex offenders in every housing market big and small, lower class to upper class.