The types of mortgages may differ, i.e. some of these were VA, FHA and traditional lending, but depending on the objective of the borrower the lenders are out there and not all of them are ultra conservative.

They're also super duper extra ultra conservative on the cost of repairs.Couple negatives: The county is going to assess the property taxes at the total loan amount, not just the sales price on a rehab loan.FHA requires you to have PMI if under 20% and won't let you out of it until payments bring down the original loan amount to the original appraisal amount.I did a cash out refi after everything was done because my equity was above 20% by that point.If a house is eligible for a HomePath Renovation Loan, does that automatically mean there's a TON of work that it needs?

Luckily, I was ultra-conservative on the deal as a whole, so we didn't lose money...

Not sure who is advising you to step into multi million dollar deals on your first go round, but that appears to be ultra aggressive to me.

With each market, there are certain areas which boasts better returns than others.  

I think a lender would be ultra conservative in the LTV to protect themselves.

Also boasting extensive experience like the 8 year tiling veteran complaining that the tile was too heavy. 

That's damn cheap and ultra frugal!

It could be a plan by the few people that really control the world's money to transfer trillions of dollars of wealth to the ultra rich and powerful.

If you are an investor making a decision in the next 30 days or focused on a one-time decision it can be helpful, but that's it, in my opinion.There are other ways you can do market research, however.Also, keep in mind, AirDnA data is skewed *ultra* conservative in my opinion.