The situation you are ultimately trying to avoid is the one where: the borrower defaults, you start foreclosure, the borrower fights the foreclosure and says they didn't understand the loan / could never afford to pay it / you didn't follow the consumer rules, etc, then the judge asks if you followed those rules and you can't show that.... 

In absolutely no way would I ever depend on such a broad analysis to ultimately determine my decision.

Ultimately making your side of $1,900 per month go down to $1,220 per month… where can you rent for that much right now…. ?

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(at least for the first few properties) I do not need cash flow in the short run but my ultimate goal would be to retire early from my investment properties.

Maybe someone can shed light on agreements such as this.TIA This ultimately comes down to your relationship with the broker.

The ultimate goal here is to retire as soon as possible and not wait to grow equity over 5-10 years to be able to retire. 

Jason Powell's comment:"buy a number of these houses, let tenants pay the individual mortgages down for you and ultimately pay it off, then live off the cash flow on the back end thanks to the portfolio of properties that you now own outright."

If you're gonna look at Cleveland, I'd say you wanna read The Ultimate Guide to Grading Cleveland Neighborhoods before making any buys.

I would consider single family homes as well but multifamily is the ultimate goal.