You may find 40-50k SFR's in the west side or Maple Heights that rent for $900 per month, or a double in Old Brooklyn for 70k that rents for $1300.You're looking at C grade neighborhoods in the areas mentioned above.

at The Brew Garden in Middleburg Heights at 6 PM.

So if we went with the 1031 exchange we would be a bit restricted with how much we could use the property-I have tried to tap the equity in the LA rental property home but I was denied because it is operating as a business so I cannot get a HELOC -FWIW, this LA rental property home was my husband's childhood home originally, so I only pay like $1000 in tax annually...so that's another thing to consider...maybe I should just keep this easy rental-Any other suggestions?

Every co-op board is different, so it's at least worth look into, but they're generally more restrictive on renting.

But, you can find safety in Greenville, Bergen-Lafayette, Heights, and even by Journal Square.  

I would think it would depend on the type of insulation and ceiling height.  

. *** Correction in my original post(3 Duplexes in Shaker Heights and 1 SF in Solon)

Wanted to hear some peoples opinion on this question.Due to maximum loan restrictions for a 30 year fixed mortgage on a 2-unit building in Chicago, a portion of my loan is being financed through a HELOC.  

You might consider the possibility of disbanding the HOA but leaving deed restrictions in place.

Also a lot of times HOA's will suddenly change the rules and decide to stop allowing rentals, or put certain other restrictions.