I am trying to figure out whether the quality of renters and level of crime in the area would make it a good place for Class B quality buy and holds.  

@Daniel DeBruin, this is really all market dependent and how much you want to spend versus how much it will impact both the rent you can achieve as well as the quality of tenants it attracts.When it comes to design, it is all a bit personal opinion, but I will say: contiguous flooring always trumps mismatched, hodge podge flooring.  

A higher quality property in a better neighborhood in a better city is gonna outperform any Cleveland property in the long run.

You'll have better quality assets, and  more reserves.

In order to harness as much of the effects that add to your net worth you want to buy as many assets as you can, and as much quality as you can afford.It is very tempting to go into cheap neighborhoods, but especially with the old housing stock we have in the Midwest capex will exceed cash flow over time and you are not building equity.Consider your first deal a proof of concept.

You could even define quality metrics for some of these tasks to avoid a party doing subpar work (e.g., all guest questions must be answered within X hours/days).OWNER USE: What if one party wants to use the property during the highest demand time? 

The most likely outcome here....just speaking from experience.

While I can't speak to Oklahoma City or Pittsburgh specifically, I’d suggest taking your time to explore potential opportunities in the three others.Also, @Andrew Roth may be a great resource, as he was in your position a years ago and is now looking for a second for his portfolio. good luck! 

The 1% rule is doable, but don’t just go off that—focus on areas with strong rental demand and where tenant quality is solid.

Looking forward to speaking with you.