Public has confidence in economy) and (4) OVER SUPPLY (Due to expansion, supply is now starting to exceed demand. 

We'd probably have to believe it would pay us high-teens IRR, and would have to feel really confident in the sponsor's experience, construction crew, and local expertise.

While a lot of what you'll learn will be from experience, I do think there are some resources to increase your knowledge base and give you more confidence as you take your next steps.One book I'd highly recommend starting with is The book on managing rental properties. 

Most flippers would tell you those were bad deals, but those "bad" deals gave me confidence, experience and helped me develop relationships that propelled me to take the next bigger steps and quit my day job. 

I have partner 50/50 with new flippers, but they put half the money into acquiring the house and repairs, and I pay the other half but I use my crew to do the flip. the other person needs to have skin in the property otherwise, I just pay them a wholesaling fee.I recommend starting by using a hard money lender, as they will take risks when someone is new, and they won't lend you the money unless they feel confident the deal is good. so you are confident you can be successful.you may pay some hight interest rates, and points, but at least you know you may make money at the end 

If you do this, then you should feel more confident.

Recent STR Pros Podcast about the Poconos:https://hospitality.fm/show/episode/mastering-the-poconos-ma...Also:How to Feel Confident Purchasing STRs in the Poconos  

Make no mistake i want to and will invest in the U.S but not until i get a firm grasp and im confident even without seeing the property. 

What analysis paralysis really is is a lack of confidence.

You would get some decent experience and confidence.