Lenders who offer this might be more selective or charge higher interest rates and fees to compensate for the increased risk.

While DSCR loans offer a unique advantage, success hinges on selecting properties with strong rental income potential.

Joshua,It's fairly easy you select a builder and the bank gets them approved or use one the bank already has approved. 

I'm looking to do a gut rehab on a 2-3 unit property in the next 6-12 months and am in the process of selecting my team.

They are different prices, depending upon the model you select.

When you buy halfway across the country and expect a turnkey process where someone or some company is doing all of the detailed work, such as property selection, renovation work, and property management, you are entirely reliant on their ability. 

-Landlord reserves all rights to reject any or all applicants that does not meet the selection criteria set by the landlord.

Looking online is better than nothing, but selected pictures never tell the full story. 

What advice would you offer to someone with no experience to date with rentals in terms of selecting the best location to look for properties? 

That, a few podcasts, a few select books, and a couple of subscriptions choke full of info material (less than 100$/month), maybe a couple mentorship programs (for less than 2K/year), and a lot of action on your part and you'll be a lot better than paying $$K for "gurus".To rephrase, do you have more money than you know what to do with or an urgent need to get it to work for you, together with a lot of time on your hands ready to take massive action?