If you need a second opinion on a neighborhood I live, invest, and work in the area. 

Most of our investments we look at IRR (time value of money) to determine which investment is a good fit for us at this time - which factors in returns, risk and time of investment - is it a short term investment we want to get appreciation play or long term fixed income investment.

It’s also important to really get to know the neighborhoods you’re considering.

@Jonah Gunalda you fit the profile of a large segment of the passive investing community--someone who has a good income from something they are really good at, and would like exposure to real estate in their investment portfolio without distracting them from that very vocation that put them in the position to make such an investment in the first place.There probably isn't a "typical" profile of folks who do not and would not invest in syndications. 

This isn't so much due to interest rates - these neighborhoods have been this way for at least 4 years.

Some of my clients love the cash flow in the east side neighborhoods over by Slavic Village and Broadway selling between 90-110k with rents up to $1,800+, but just really depends on the types of neighborhoods you're investing in and your risk / reward threshold. 

It varies a lot by market, guest type and even the neighborhood and type of home within a particular market.

We'll have two private beach clubs (most developments in Tulum have none) and amenities at least as good if not better amenities than any other development in town. the great thing is that being close to the beach fits my lifestyle and vacation style so my goals are congruent.

Before you make any buys here in Cleveland, make sure you read The Ultimate Guide to Grading Cleveland Neighborhoods.

At the time there were limited 3 BR rentals in the neighborhood, but achieved such high rental rates the properties ended up performing better as rentals than as a for sale project.