Chris, the commercial (MF) properties in the QC pretty much dried up at the beginning of this year.

The 3 current tenants are nails, dry clean and t-mobile.  

There is no cut-and-dry answer to your question, though.

I would like to operate in the nicer suburbs of Cleveland/Akron markets with ARV in the $150-$200k range but the REO inventory has all but dried up to what looks like a profitable project.  

It is in a 50 year old condo and the concrete floors are dry. 

Things seem so dry.

If you want you can take a picture of your settlement paperwork, blot out your name and pertinent information.

If your investing goal is  getting huge returns for great buys, I can certainly understand because I am looking for strong deals too but they have dried up a bit and prices have gone up high....again... hmm...( been doing this for about 25 years).... another cycle? 

The living area of the basement has lights, dry wall, paint, electric outlets, etc.

I recommend you have an agent check it for you so you don't need to pay the extra expenses for being an agent.Plus, the MLS is pretty dry nowadays.