Yes so if I decided to sell, I’d need to find a nice apartment, I wouldn’t want to down grade to save money , so I’m thinking a similar apartment would be maybe $1600 -$1800 a month aprox.

I think I have the process down to a 6th grade science (or experiment at least...).

I think I have the process down to a 6th grade science (or experiment at least...).

I think I have the process down to a 6th grade science (or experiment at least...).

well first off this being a landlord site.. and a positive cash flow site generally speaking.. most will tell you are nuts to buy this.however if you can get the property to just about break even maybe lose 100 a month or so and you have a prime Socal asset that someone else is paying off your mortgage and you think rents can go up a little.and you can EAISLY self manage based on quality of the unit .. incredible tight rental market.. that mitigates a lot of land lord issues.I mean whats the alternative you go 1000 miles away to make 100 or 200 a month.. is that positive cash flow going to change your life..is 100 a month negative going to change your life.now this is an extreme.. but i owned a home in Palo Alto that i chose to sell back in 91 because it would have been 300 a month negative.. well that negative within 36 months would have been positive.. and i sold for 500k and today that home is worth 3 million.... and once it got positive it probably would have been positive up to 2 to 3k a month coming into the 2010's.... and someone else would have paid for my home.. plus grade A tenants at all times.. being prime Palo Alto.so thats one extreme.. its really only in low to no appreciating markets with tougher tenant bases that turn a bunch that positive cash flow becomes more acute or for those that want to one day live on their cash flow and be in the business of landlording.. thereby acquiring 50 to 100 doors. 

Think a list of qualifications that applies a weight to each trait:Credit Score - XPets - XIncome - XPrevious recommendations - XLength of proposed lease - XDeposits - XTransunion gives you a go- no go decision but the above may help you grade the quality of each potential tenant while being objective.   

I am not aware of any jurisdiction that will allow you to do it on your own as you must first start with a survey and grading plan and then the engineer will determine best practical methods for the stormwater.

I just try to figure it out on basic paper and calculator,   I have only 12th grade education.  

Thanks in advance,--Adam Adam, I wrote The Ultimate Guide to Grading Cleveland Neighborhoods for guys just like you.

However you should note that like all things in life you'll get what you pay for.I recommend checking out The Ultimate Guide to Grading Cleveland Neighborhoods to give yourself a complete look at the different neighborhoods in the Cleveland market.