I’m confident that everyone who reads this will gain a deeper understanding of PMLs and HMLs :))

How confident are you in your numbers?  

Once you have this team in place, you should have the foundation to invest in any market confidently while not being there physically.Read this article on the "core 4".

However I am no longer confident that this prospective tenant will be able to manage themselves and pay on time.

If they are gatekeeping the information, this may not give to much confidence to the implimentation. 

Of course, if you are confident in the appreciation, seems ok to me. 

We're diligently preparing these lots, anticipating a market rebound.Navigating through this unusual market has been tough, but I am confident that the experience and perseverance will pay dividends in the long run

Purchase based on feeling very confident and conservative about the deal.

And, importantly, fear around my ability to confidently show the Seller that the deal I am proposing is one that CAN help solve their challenge or problem (once I find out what that is!). 

Doing deal analysis before diving into your first investment is smart, it helps build your confidence and lets you understand what makes a deal profitable.