Not an expert but I do my due diligence and use experts when needed to assess my risk.

Ryan I would recommend performing a MAss Save energy assessment on this building.

Another technician with my management is coming out to assess the humidity.

Electrician - assessing and wiring for adding a meter to a property.Contractor - that would be able to speak with regarding having an addition done to a property.

@Joseph Sangimino  I would make sure to walk the property and each unit to assess the definition of "good shape"  There are a couple of method's that you could use to determine the value of the property which is currently unoccupied. 

@James Wise who created the grading neighborhoods content that you referenced (which is the best description I've ever seen of the Cleveland market) I'm sure he can give you an up to date assessment...Your calculations look good

NOW, I know that probability depends on an individual's skill and experience which can have significant discrepancies so feel free to lend your assessment and I'll pull an aggregate of your answers. 

Hi John, I'm constantly assessing the economy, real estate, and other events and how I approach the market.

Just spend time on the forums and you'll see dozens of posts every day looking for good management.

It's important to carefully assess the expenses and make sure they are in line with the income potential of the property.