It reminds me of the Charles Schwab study - their best performing retail investment accounts were from dead people that never closed out the account.

For "Foreign Borrowers" your loans are very limited. 

I think that 2% may limit you to the east side of Cleveland though there are unicorns out there depending on your buying capability.I would also take a look at the Akron market as well as there is plenty of opportunity and many of oos investors do not even know to look there.

THEY ARE NOT LIMITED TO ONE PROPERTY.So, they can 1031 to 2 or more additional properties OR 1031 into a rental property plus a DST so that all the profits are used up in the exchange. 

@Eric Lowe Prior to pulling the trigger on a Cost Seg study, you should evaluate 2 things:1 - How much net additional deprecation tax deductions a Cost Seg study would provide: Best way to get this is by requesting a free feasibility analysis from a Cost Seg provider.

The public searches are pretty limited in scope for a true investor. 

If anything, when you accept rentals in the higher-end neighborhoods, the rent rate exceeds the voucher limit, meaning the resident has to have their own income in order to qualify.

The most important thing is to know the details of your local program like the back of your hand, then look for loopholes.Just to give you and the other BP'ers a deeper handle on why some TDR programs work and some don't, I just uploaded an excellent study on the topic to my FilePlace at http://www.biggerpockets.com/files/user/ChrisNewma...

After dealing with this situation for quite some time I started studying scams, frauds then human behavior then cults.

Here's an article with additional FAQs on cost segregation studies that you may find helpful.