Here are some facts from city data:Estimated median household income in 2011: $25,842 (it was $21,887 in 2000) Estimated median house or condo value in 2011: $77,862 (it was $48,900 in 2000) Median gross rent in 2011: $396.Houses: 1,023 (892 occupied: 531 owner occupied, 361 renter occupied)Most common occupations: Driver/sales workers and truck drivers (13%)Other production occupations including supervisors (8%)Other sales and related workers including supervisors (6%)Building and grounds cleaning and maintenance occupations (6%)Material recording, scheduling, dispatching, and distributing workers (5%)Law enforcement workers including supervisors (4%)Health technologists and technicians (4%)Percentage of residents living in poverty in 2011: 30.9% Race:White alone - 2,339 (92.6%)Hispanic - 74 (2.9%)Two or more races - 65 (2.6%)American Indian alone - 32 (1.3%)Black alone - 8 (0.3%)Asian alone - 8 (0.3%)compared to Missouri state average: Median household income below state average.

If you want to go the fix and flip route, subdivisions such as Palmer Woods, Sherwood Forest and Indian Village will fit you well.

Detroit has properties worth 250K + (Indian Woods / Palmer Woods / Downtown) and Detroit has properties worth less then 10K and if you do not know where these borders are because you do not live or have not spent a significant amount of time in Detroit you are guaranteeing yourself a hardship.

I suggest you have them designate which tenant will receive the deposit refund, but put in the lease that you will name all roommates on the refund check, and it's up to them to work out cashing it and divvying it up.My experience with renting to techies in Silicon Valley, who wanted to room together, was they were usually Indian men. 

I was willing to guarantee my rent payment, but I didn't want to be on the hook for three other apartments for my Indian team members.As for cheap translations, while Google Translate is nice and can help with general decoding of things I wouldn't trust it for anything important since I have run into some pretty funny translations. 

For instance, you don't want to rent to Indians because you hate the smell of curry, so you tell them you won't rent to them because they have a pet.  

Hmm, that's not what the statistics you just quoted says.Distribution by Head of Household's Race as a % of 50058 ReceivedNationalWhite OnlyBlack/African American OnlyAmerican Indian Or Alaska Native OnlyAsian OnlyNative Hawaiin/Other Pacific Islander OnlyWhite, American Indian/Alaska Native OnlyWhite, Black/African American OnlyWhite, Asian OnlyAny Other CombinationUS48471210101Although Black Americans are 47% they only make up 14% of the population of the US.Latino/Hispanic isn't mentioned, but this part does break that down.Distribution by Head of Household's Ethnicity as a % of 50058 ReceivedNationalHispanic or LatinoNon - Hispanic or LatinoUS1783So, that leaves 31% as head of household as white people.

This can happen if you have tenants who move in from other countries with bedbug issues, or who have been doing a lot of traveling.To be honest, but perhaps politically incorrect - the only times we had problems with bedbugs was when we rented to Indians who had friends and relatives visiting from India.  

Hello, My future father in law bought a property in 93 which is an 8-plex in LA for around 300,000He owns his own home currently ( beautiful home)and owns a rental also ( I don't know when he purchased this)He also has a real estate license ( he isn't an active realtor, he is retired and just invest in stocks now)He believe california for the place to purchase property because you can see and feel it.I am trying to convince him that just because its out of state, doesn't mean it can't be successful.He says that unemployment is higher than anywhere else in the USACalifornia and Nevada are both around 6.7-7.1% He says thats because obviously the population is much higher in california so its not comparison He believe with the indian reservations in california, it will turn vegas the unpopular place to gamble and all of the las vegas community is fueled by gambling and entertainment. 

The owner I worked for said in one of his large units in another town (my building mainly just had small studios), the Indian family he had in there got it so humid, that the floor boards expanded and the nails started popping up.