I own a few units in Cleveland and live in San Francisco.

@Mike Cleveland the basic premise to create an entity is to protect your personal assets from the business.

I wouldn't buy for appreciation at this moment in time because who knows when the next correction will come...many think it will be sooner rather than later.....if you are able to buy for cashflow right now in Philly that can definitely be your hedge against the coming correction.Full disclosure...I am NOT an expert....I have 2 units in the SF Bay Area that I have for cashflow and am hoping for appreciation...but if they don't appreciate I still have positive cashflow on one unit and I'm barely below cashflow on the other......In Cleveland I have 6 units and all are strictly for cashflow and they are all between the 2% to 3% rule.

It’s in a gentrifying neighborhood on the west side of Cleveland.

I will be visiting for the first time this weekend to explore the great city of Cleveland!

Hi James - it's in Cleveland Heights.

That's possible in the Cleveland OH market, which is one place I'm looking, but not so much in my local market of SoCal. 

Ohio (Cleveland, Toledo, Columbus), Indiana (Indianapolis, Fort Wayne, Lafayette), Missouri (St.

Majority of my properties are in Cleveland Ohio and I have plans to buy more there this year but I keep hearing Detroit is a good market as well so that’s where I may look next.

Chris Scott Yup I've seen this in the Cleveland market.