There are lots of posts about the vertical height of a fender from the top of the tyre. My question relates to the horizontal distance from the wheel wall to the fender wall.
Any deflection in the wheel wall is typically at the bottom of the tyre, nearest the road surface. When a tyre is flat the bulge is at the bottom.
I image I could have the fender wall about ½” from the tyre wall.
(view from below the teardrop)
Does anyone have any concerns I’ve missed?

It’s probably going to come down to image.

The link is to a video of how I cut the fenders using a router http://youtu.be/GSNjullSfj8

Thanks