As I am new to the area, I would like to get some good macro data on Cleveland (i.e. vacancy, employment, MF supply/demand) as well as more neighborhood specific data to determine where best to start hunting for properties.

They just rust out and plug from the inside so fast,,,maintaining them is a nightmare.If you have copper pipe supply lines inside the house,,,your a theft target waiting to happen!!!

Other retailers have to go through a robust supply chain just to receive X dressers and beds. 

The increased desirability of the area will surely increase property values, however with a flood of new residences available, who is to say that the increased supply available won't stymie the appreciation that could be experienced. 

There a so many other variables in this question.  

Water Supply: The water supply must be free from contamination.Wishing her the best. 

I supply curtain rods, but no curtains. 

I know it's a tough question because of the many variables.

There will possibly be strong demand for these new-build retirement THs, and only a tiny supply (there will only be about 12 of them built), therefore possibly an investment opportunity if I can get in early.

“Dwelling unit” means a structure or the part of a structure that is used as a home, residence or sleeping place by one or more persons who maintain a household, together with the common areas, land and appurtenant buildings thereto, and all housing services, privileges, furnishings and facilities supplied in connection with the use or occupancy thereof, including garage and parking facilities."