11 units in bowling green chance to buy.. Green or red light?

[Peter Shafik]

Hey all! I'm looking for some expert advice on this matter. The company I work for has recently acquired 2 quads and a triplex All on the same lot and I'm really thinking about buying it with hard money, use the company I work for to rehab it (maybe) and then refi to pay off a HML. I acquire contracts (like a wholesaler) for them. My issue is 2 fold:

1. I don't precisely know how to analyze a market. I've just had so much analysis paralysis on the matter, that I just call and acquire where they tell me too. I understand some of the basics, but I feel like getting confirmation from an expert will really help calm my over analysis. After this tornado hit recently, I was told that values of homes go down significantly (not sure if that's true). The properties we not affected by the tornado. 

2. I'm not quite sure if I will qualify for this refi because my DTI might be around 41%. That's including the rental income and my current day job. Not sure if that will be appealing to any lender. On top of that, I don't have much reserves. I know Brandon, David, and Scott always harp on the fact you should use OPM only if you have reserves to back you up.

Should I take on this project? Thanks!