Based on conversations, I think it might be a little of #2.  

Look deeper into the specific neighborhoods within Cleveland.

Scott maybe you need a politics category some pretty good conversations have been  had with pretty good civility..

I had an interesting and insightful conversation with my tax team recently about how AHP is reporting these "preferred returns" on the K-1 as "Guaranteed Payments." 

What information do you need in order to participate in this conversation.   

Companies like State Farm, Allstate, or Chubb often come up in conversations, but comparing quotes with independent brokers might give you the best value.Since you're in a general partnership, it”s critical to clearly define liability exposure.

Having that sounding board can help take some of the emotion out of the investment and gets me back to the big picture.I appreciate our conversations and look forward to continuing to discuss our progress (and potential setbacks) along the way.

In short, having all the conversations and commitments in strategy, setting up LLC and all the fun docs of who's doing what, and I'd suggest even getting initial funding into account for at least EM. 

Scenario 1 they don’t or refuse to move- eviction costs and/or lost rent Scenario 2 they move out and Cap ex and turnover costs, lost rent, advertising for new tenants in a somewhat of a qualified tenant shortage, headaches can be avoided by simply having a conversation with the tenant to see where their head is at, and that they understand what your expectations are.

Those types of conversations or tactics are now going to be regulated.