Some other areas may attract influx of residents from other states who find triplex on very small lots attractive. where do I find that data?

Colorado Springs is a beautiful place to live and will continue to attract new residents from all over the country for decades to come! 

Agree with the other guys. 4 units is best, you have more tenants and opportunity to increase rents if one or more tenants turn over. 

I am a landlord, broker, investors, etc. and have section 8 tenants as well - luckily I have a good relationship with my tenants but man oh man... dealing with their case worker was almost like they were paying out of their own wallet for a rent increase when in reality HUD had updated rent guidelines.Do you not have an online portal or account that you can access the section 8 landlord portal via?

Property is located at a wonderful highly traffic location. 18k cars a day and will only be increasing. 5 of the 13 acres is zoned commercial, the back 8 acres is zoned large lot residential.

I do however, have full availability on my HELOC, various credit cards that are offering me 0% balance transfer checks for up to 12 months, and various retirement funds (Roth IRA, traditional 401k, etc.)I'm already a homeowner in SoCal, but I want to buy my first LTR SFR someplace like Cleveland since the price point is attractive.

These figures suggest the property may be overpriced based on current rents, so negotiating a lower price and increasing rents could improve the deal.

As your Modified Adjusted Gross Income (MAGI) increases, the amount of rental losses you can offset against your ordinary income phases out.

Definitely need pics of the back yard and info about local area such as schools, attractions etc.  

I purchased the project mid flow for a discount and completed it with the builder.The Appraisal: The 2025 property tax appraisal we received went from 1.66M to 2.43M (46.4% increase).