Also, how'd you narrow down your search to these two markets? 

Many should be happy on a stabilized market more then anything

I am not saying you are wrong because I don't know the Cleveland market.    

So much so that I'm working with the PL team to help bring this to market :>)Please check out Property Llama and let me know what you think!!

It wouldn't hurt to set up time to meet with agents, property managers, lenders, and others while you’re visiting your markets of interst.

They will know market data and trends better, have reliable comps to base their recommendations on, and could even be a great deal flow with current portfolio properties selling.The completely remote, centralized PM function is one of the reasons why you see the homes owned by PE firms sit on the market so long.

Miami Rental Market Update: Rents Drop $200 as Affordability Remains a ChallengeMiami has officially ranked as the second-most unaffordable city in the U.S., but there’s some good news for renters: local rents have dropped to a 3-year low, with decreases of up to $200.

The residential lease market in Arlington County, VA, from January 2024 to January 2025 has experienced some changes:- Units Listed: The number of units listed decreased by 1, a 0.64% decrease, from 157 to 156.- Listed Median Price: The listed median price increased by $75, a 2.78% increase, from $2,700 to $2,775.- Units Leased: The number of units leased increased by 9, a 6.67% increase, from 135 to 144.- Sold Median Price: The sold median price increased by $75, a 2.68% increase, from $2,800 to $2,875.A slight decrease in units listed indicates a minor reduction in supply year over year, while an increase in units leased suggests a rise in demand.

Quote from @Mark Marino: Greetings,I have done rent to owns for years without much marketing/advertising.

Late rents, evictions, and turnovers happen more frequently than in higher-end markets.