Lorain, OH vs. Cleveland, OH

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Hi all,

We're currently analyzing a property in Lorain, OH. Does anyone have experience investing in Lorain vs. Cleveland? We're used to Cleveland properties so investing that far outside of the city makes me a bit nervous. Is there still a steady tenant base to choose from? Any insight would be greatly appreciated!

Well to start with the city is much easier to work with.

1 Rents are close to the same amount.

2 The section 8 program is 100% better.

3 I find very good deals here.

4 Property taxes are lower

5. Small town feel

6. City wants to work with you (your more than just a number)

7. But its still investing do it right or you can get burnt