With the use of a great RE agent and relying on local expertise, county records, quoting insurance, and running the numbers, etc. - I'm fairly confident that we can find good deals without seeing the property in person.

What macro trends or statistics do you heavily rely on when analyzing a market? 

It was mostly for show.... if you start to rely on it, you will miss a lot of important stuff.....

Stated differently, your chance of losing money on this is 95% or higher because you are relying upon pure dumb luck to make your profit.    

As I thought back, I have seen this scenario in many ways over the years:  People making business decisions, relying on emotions and ego.   

I just closed a deal in GA and you need an attorney present at the closing so I suspect they rely heavily on the attorney and the agents really have no clue about title reports or title commitments they just take the word of the closing attorney that title is clear.. and in this case as you state most title commitments will have items that are not insured if a physical inspection would disclose it etc.. 

Aloha,Relying on a tenant to be OUT on the scheduled date is likely to become the biggest headache.

Sure, there are some 203k Consultants who do more than what they need to do, but I would not rely on them to manage your construction project. 

I rely on experts as well.

DSCR will have limitations on owner occupancy because they rely on cash flow from the property to repay the loan.