Cleveland, Ohio Vacancy Rate

[Derek Falconer]

Hello all,

  I am a real estate investor from Southern California.  I am looking into investing in some other markets where cashflow is better and a good friend of mine mentioned the Cleveland area.  Specifically, he mentioned Lakewood and Kams Corners as desirable neighborhoods.  Does anyone have a feel for rents, vacancy rates, and types of tenants (A, B, C, etc. neighborhoods??) in those areas.  Also, are there tax abatements that people are taking advantage of?

  I appreciate any insight from the community, thanks

Derek Falconer