@Jesse Edwards, I was just thinking, based on your original post, you should be talking with the building department to understand if there are any nuances in your jurisdiction.  

I am also a California licensed Land Surveyor so if anyone needs a survey within range of Sacramento, please PM me!

Based on your explanation, it looks like I fall into category 1 since I plan on repeating this strategy at least 2-3 more times.  

But some people do.As an agent, my team works with a lot of investors and based on experience we require OOS clients to meet with us in Milwaukee at least one time to check out neighborhoods in person.

I've made it my goal that by April 1st, I would start taking actionable steps towards sourcing and landing deals I can take to potential sellers/investors. 

I'm assuming based on his post that this is in Modesto or Merced.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

Would it be beneficial to wait for the "home run" or to use different parameters and get a "base hit".

My guess is there isn't going to be a clear answer based purely on math and analytics, so what makes the most sense for your current life and your future goals? 

I am not directly working with him (I am based in Boise, Idaho) but have connected him to a solid lender and a investor friendly realtor.