Even if my initial assumptions are off, my analysis seems to place a heavy case that the California State Income Tax pales in comparison to the savings I receive in Proposition 13 over a 10 year horizon.Is there anyone else coming to that conclusion or have done an analysis which counters my findings?

The only problem is the home is probably worth about $130-135k (just on a comparison I did online, not an appraisal or from an agent) and the mortgage is for $148,400.

I just did a comparison of Buy & Hold & Subject To that might be what you are looking for.

(I mean, love as much as I could love any rental property....they aren't flawless, but I don't have to put a lot of work in in comparison)

There is no comparison between the "old" and the "new"...

Surjit I cannot help with the KC comparison however I grew up in CLE and lived/attended the university of dayton.I can tell you both have pro's consThe two thoughts I'd throw your way is Population Size: Montgomery County - 500KCuyahoga County - 1,200,000Whats going in the cityDayton -Pro - Univerity of dayton growth, kinda between Columbus and Cinci, CheapCon - Loss of alot of big corporations, whats long term vision besides the universityClevelandPro's - Well diveresed with anchor companies for jobs, pockets of hot markets, land locked to the north with lake erie - (ie of anchor companies: Progressive, Highland Software, Parker Hannifan, Swagelok, Nestle, etcCon's - Rents arnt crazy high, going to fuel growth for future, I know that doesnt help with Cap rate opportunity analysis but hopefully as far as holding values overall long term I would - and do choose Cleveland. 

So its hard to get an apples to apples comparison.

It might be smaller in comparison, but an extra 1-2K a month is better than what I have now.

Here is a chart that shows a comparison of SARS1 vs SARS2 (our current pandemic).

Do I include duplexes and 2 families in my comparison sine they were not tear downs and are worth much more?