@John Mason Wallace as a builder, with a fee factored into the cost, for a project like yours...l would be around $110-$125 depending on grade of finishes you wanted.

While I am happy for the city, I personally don't think the addition of roughly 2000, low wage jobs to lower "grade" parts of town is going to have much impact on the real estate market.  

Both funds are with institutional grade sponsors with long track records. 

Above my pay grade level.

There plenty of other opportunities elsewhere, my clients are involved in institutional grade properties across the country.

Note all investments, including real estate, carry the risk of loss in addition to possibility of gain.Investors who are retiring or seeking a life style change and would like to take a more passive role in their real estateInvestors who wish to consolidate their holdings of multiple smaller properties into fewer large properties for ease of managementInvestors who are seeking to diversify their real estate portfolio into higher quality investment grade real estate, but lack the experience, resources or capital required to manage or acquire larger institutional quality real estate.Investors who are in their 45 day identification period and are seeking a viable replacement property option to satisfy their 1031 exchange or need a backup option in case their primary property falls throughInvestors who have excess proceeds in their 1031 exchange and rather than pay the capital gains tax, would like to replace it with more property to receive 100% tax deferral.They are very hands off in nature.

Whitney,If you are looking into Cleveland you should give The Ultimate Guide to Grading Cleveland Neighborhoods a read.

One of the things he talks about is being control, not to trust anybody, and education in what we were not taught in grade school.  

Should help provide some additional insight in Cleveland's neighborhoods.The Ultimate Guide to Grading Cleveland Neighborhoods.

Andrea Tapp Sherwin Williams is a contractor grade professional paint.