I’M a landlord in Lakewood, Ohio, a Cleveland suburb near where I live that is predominantly prewar apartment buildings and double houses. In Cleveland — and probably most of the Midwest — you can get a clean one-bedroom in a decent neighborhood for $500. No air-conditioning and no dishwasher, but the unit is painted and has refinished hardwood floors.
I once had a tenant, Stan, who paced those floors at 3 a.m., waking up the people below. When I asked Stan to ease up, he said: “What do you want from me? I can’t fly.”
He moved out shortly after that.
read more at: http://www.nytimes.com/2012/02/29/opinion/rental-business-picks-up.html?_r=1&ref=realestate
Green Real Estate Appraiser 