My biggest concerns are the cost of disposal of the old unit and the cost of moving another unit to the property.

Though, I do remember reading something about...although all the neighbors and their grandmas can go in and take whatever property is put out on the curb...the landlord themselfves have to wait 24 hours before taking or disposing of any property on the curb.I have a friend who works for one of the biggie RE firms in the area...dozens of big apartment complexes...and that is exactly what they do.

Can I make $200k in 5 years with say $1M at my disposal?

Imagine trying to get them all to agree on a refinance or disposing of the property when they all have a say and there are 30 of them etc.  

Certain platforms, FCI included, offer cradle to grave services (lingo meaning from the time it comes into your portfolio until the time it is disposed out of of your portfolio) on their loans.

With a new foundation, capital improvement pass through is also at our disposal.

It would slam down if lifted.There is no garbage disposal in the left side of the double sink in the kitchen.

There are several properties near Superior & Euclid (and over to Taylor) where rents are $600 - $635 for 1B and $735 for 2B; not bad if you are all in @ $15-20K per unit.In theory, if you fill up enough units with higher paying tenants which implies they have better paying jobs and should have some disposable cash, it will attract more / better retail and so on.One of the challenges of investing specifically in East Cleveland is as @Egheosa Igbinoba is facing.

The executor has full authority to enter into contract to dispose of the asset.

Service sector jobs tend to pay less than manufacturing jobs so the families of these workers have less disposable income today than they did in the past.