I do this to avoid any kind of fair housing violation claims.

Communication is key.I would knock on the door and just be extremely straightforward.

Your input will help us understand what is or is not a fair deal.Thanks!

Last thing a judge wants it to be on the local news for kicking someone out of their own home, judges here run for election, they have to try and give everyone a fair shake.

My initial study showed fair appreciation and healthy rental proposition.

This only means one thing to me - I did not clearly communicate with the investor what the expectation of the property would be.

Example:Tenant 1 -Applied first Has fair creditNo background issuesSome history of late payment.Tenant 2 -Applied secondHas Great creditNo background issuesNo history of late payment.Am I obligated to showing the house first to one tenant over the other?

Place the tenant yourself if you have experience and know fair housing laws.

You should determine every single expense that the property will have and figure out what is fair market value is when underwriting every deal.

You’re leaving yourself wide open for a fair housing violation without set parameters.