If PM me your name and number, I can introduce the two of you - he's asweome.If tiny houses are on your radar, you might find the neighborhoods around South Congress or even up in Pflugerville more accommodating.

They can also be available in existing neighborhoods in infill lots. 

Selling (1031 exchanging) our high equity family owned properties is the best (really only) option that we have for funding our share of new purchases right now and with each new purchase, we are buying nicer and usually larger units in better neighborhoods so I'm trying to improve the quality of our family owned holdings in addition to growing a new business with our new partner.

I think one of the main issue with exiting whole subdivisions of BTR is that the homes were built about as cheap as you can build a home.. and a neighborhood full of rentals, 100% rentals is going to look like crap from a curb appeal standpoint.. and who wants to buy an owner occ surrounded by tenants like the first people coming in would. 

There's a property manager in Cleveland for just about every style of investor.What kind of landlord do you want to be?

I'd recommend starting by understanding their investment style, goals, and values to see if they align with yours.

Very nice neighborhood

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Our first of hopefully many.The cash flow when occupied will be in the neighborhood of $3500 to 4K with an 85% occupancy.How would you structure the payout?

Pritzker's push for Illinois to lead in emerging technology, this campus could revitalize both the economy and surrounding neighborhoods.