If you’re experienced in rental properties or note investing , I’d love to hear your thoughts!

I'm also planning to list the property on Furnished Finders to target the mid-term rental market given the property is so close to a hospital. 

After 12 years in the furnished rental game, I'd say that is a pretty good sample size. 

Verifying last 2 years of rental history very important!

Most people never own a single rental.

@Chase AlexanderRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Not true.I have section 8 rentals in bad areas and the churn is constant.  

I’ve been chatting with a bunch of landlords lately who are ready to scale up from single-family rentals (SFRs) into multifamily for better cash flow and efficiency.

I think you'll be very happy in the Cleveland / Lorain market as well and I always tons of demand for rentals whenever I list a property in Euclid so that's a great area to target as well! 

Have you had any prior experience with section 8 or it's your first s8 rental?