If the proforma has the rent roll at $1400 a month, there is a discrepancy that could lead you into a bad assumption on your business plan.Also one caveat, be aware of physical delineations around the area like bridges or railroad tracks or a canal. 

With the current mortgage rate constraints affecting how many buyers are willing to enter the market we are seeing a lot of borrowers have success with the BRRRR strategy with plans to sell in the next 3-5 years when interest rates go down.Researching potential LTR and STR rental amounts and seeing if holding for a few years is a viable option is a good analysis to do well. 

It’s not in their interest.

Condo's usually have high HOA dues which will eat into your cash flow.

The information contained in this post is not to be relied upon.

This will clarify and reinforce what you are reading.

Quote from @Riggies B tang: I am looking to get into AirBNB in the Cleveland market as well but not sure which part of the city is good for this model.

Many, but not ALL are only focused on the commissions he/ she will earn and not focused, on your best interests.

Especially if you can refi down the road into a lower rate.

This helped my Debt to income a ton and I was able to close on the deal.