Perhaps it is true that fortune favors the bold.

It was not picked with any statistical backing. 

@Tom Ott local knowledge can certainly outweigh market-level statistics, but here's what it looks like for the Cleveland MSA as a whole (which is Cleveland proper + surrounding areas):Still not good.

Statistics can be indicators of market strength.....but I've seen a few people quote stats on BP that just don't align with what's actually happening in the Cleveland market. 

@Russell Brazil    I was reading statistics, showing a high percentage of FHA loans were in default (incuding forbearance). 

@Tonye Jack One thing to consider is the Columbus, as a city is roughly 3x the size of Cleveland, so they really are not even in the same category....they are, however, similar sized metro statistical (MSA) areas of 2 million or so...that means there is a lot of opportunity in either MSA...you just have to find it.

There are solid C neighborhoods that will fit your criteria and budget, and some B neighborhoods as well.A good tool that I personally use is www.niche.com to look up market statistics. 

I could go into a long winded reason with graphs statistics etc on why waiting hoping things change in the market doesn’t work but I’ll just go on record saying you should always buy .

Statistically thats a 5 year lag. 

I'd love to see the statistical evidence city council has showing that landlord-owned houses are the problem.