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. 

I figure they have such thin margins in this competitive environment they will probably founder.I think I might just do another passive investment in an apartment syndicaiton, since that is only 7% of my portfolio at present.apt. syndication and  30 day call notes are not like kind comparisons on risk / reward  just sayin.. one your in and have zero control and the other you can redeem with 30 day notice..  

Are you able to run numbers like that to make a comparison for yourself? 

However in that case not sure how easy it is to rent out SFH in comparison to Condo / town house in the area.Budget Roughly Mid 200K.I am open towards any better expert suggestions!!

Many times people will try to compare it to other investments which is not a fair comparison.

I'm watching it happen first hand, working for a prominent 30A broker and seeing the comparison stats firsthand.

I let them know what their house would sell for in comparison to other houses.

I then set followup sequences inside of my CRM which notifies me when its time to give a cold lead a ring again.I've seen my response rate go from a 1-2% with direct mail alone to around a 4-7% increase when i added cold calling!

With out of state investors we talk to there is no comparison between the markets.

So its hard to get an apples to apples comparison.