With Cleveland CAPs hanging around 8% in the ideal investment neighborhoods, is it reasonable to think professional property management is even an option on a small apartment building?  

I'm playing devil's advocate here but it's far from an ideal scenario, it's a heck of a gamble IMHO. 

Obviously the ideal situation is where they have a buyer who is looking for just what you have. 

If he did pass, most of the work needed could be done with him in place, though it makes things a lot more difficult since he is ALWAYS home, so this is not our ideal scenario.Thoughts?  

The Ideal way to help our Community get back to a better one is to start to "revitalize our community, one house at a time".

Ideally, we would lock-in the sales price before actually closing on the property and get a contract in place for the end-sale. 

Only in certain cases do I deal directly with the listing agent.

From everything I read about Texas (economy, job growth, landlord friendliness) it seems like an ideal place to be.

As you stray further away from the 'ideal' loan candidate, the harder it becomes to get conventional or private financing. 

Everything is negotiable and the most ideal situation is to draft the terms out together so that it meets each party's goals.