I am trying to figure out whether the quality of renters and level of crime in the area would make it a good place for Class B quality buy and holds.  

You'll have better quality assets, and  more reserves.

If I were looking at a restaurant, I would be looking for the most generic building concept as possible, to minimize buildout cost.Again, to repeat John, is one a superior location to the other?  

The Midwest can be a great place to get good cash flow, but make sure you have quality management.

Are their listings detailed with good-quality photos?

A higher quality property in a better neighborhood in a better city is gonna outperform any Cleveland property in the long run.

@Daniel DeBruin, this is really all market dependent and how much you want to spend versus how much it will impact both the rent you can achieve as well as the quality of tenants it attracts.When it comes to design, it is all a bit personal opinion, but I will say: contiguous flooring always trumps mismatched, hodge podge flooring.  

Schedule a final inspection to ensure quality standards are met.Each of these sections would come with an estimated timeline, budget, and list of materials required, making it easy to track progress and expenses during the project.

Unfortunately, If there are no other verifiable facts to support a better value, than it is usually futile to appeal based on opinion and/or interpretable characteristics alone (i.e. the Subject is in superior condition to this comp and therefore, it should be valued higher, etc.).

In order to harness as much of the effects that add to your net worth you want to buy as many assets as you can, and as much quality as you can afford.It is very tempting to go into cheap neighborhoods, but especially with the old housing stock we have in the Midwest capex will exceed cash flow over time and you are not building equity.Consider your first deal a proof of concept.