Things that AI won’t know:Market rent as isMarket rent renovatedCost to renovateSpeed at which renovations can occurLease up rate once renovatedInvestors learn all of this by doing work in their market.

You would have to learn a lot about the sponsor to see/or know exactly what they are doing.

You need to develop a subject matter expertise and treat this like the hands on business that it is. 

What made you interested in investing in this type of deal?

I was hoping someone with some experience would be able to answer a few questions I have, such as: What kind of deal finding strategies are most efficient in areas like these?

You will learn so much more being hands-on!

Those are spray and pray techniques that don't fit with sellers right now because sellers/owners are sitting on a very low rate and don't want to move to go up 4-5 points on their rate.Listings aren't a start now thing as well.

Quote from @Vince Scipione: Standard would be an FHA loan for your situation more than likely.

Lesson learned.

Not to derail this one.