We know unexpected stuff will come up like street improvements, grading, Misc. items the inspector will request during construction that normally wouldn't come up with R-1 type jobs. 

It was a burnt down home that the owner had to sell (Owner moved in 2014 when it burned - decided to sell it quick in 2020 - I just had to re-grade it, clear a couple trees that grew up since it burned down, permits, permanent foundation so it would meet fha/usda, etc.Note: I am a mobile home dealer, a realtor, and i have contractors that i work closely with.

Originally posted by @Chad Weston:@Alicia Jackson Weston and I are gathering information on the Cleveland rental market and economy trends.We are curious if knowledgable Cleveland professionals agree with the following analysis:https://learn.roofstock.com/bl...Thank you in advance for your time.They have an areas grading map but they don't let to search in the map by address 

Small Multifamily properties (2&3 units) will do great in the areas mentioned as long as they're well maintained (ie: manicured, clean interior, updated medium grade finishes) 

You can take these comps and find the average for your property as a baseline - then look to the high end of these comps and determine if you're competing in level of finish (grade of appliances etc if this is what you see as the biggest draw to your property is)  to get a pretty good idea of what your property will rent for.The great news is that you are likely still under warranty for many of your appliances, and may have purchased a home warranty as well that could save you some cash if something happens during these first couple of years - especially as your margins might be tighter if there are loan payments being made. 

If you're doing research on Cleveland you'll want to check out The Ultimate Guide to Grading Cleveland Neighborhoods.

@Lyandrea Russell i would avoid carpets, a commercial-grade laminate will last 4-5 tenants while a carpet will be ruined after 2.

In business, unlike first grade, you can count any way you like: AH4RP One, LLC; AH4RP Three, LLC; AH4RP Four, LLC; AH4RP Five, LLC; AH4RP Nine, LLC (see image below of NCSOS search results starting with 'american homes'...

Just curious as to what you use the letter grades for?

Not a very big margin when you're at that entry level price point of $90k-$120k.For more info on the other neighborhoods around Parma give The Ultimate Guide to Grading Cleveland Neighborhoods a read.