New Build to Rent -- Is it a pipe dream?

[Alvin Bittner]

This would be my first venture into real estate so I'm not sure how to go about figuring out if this will work.

I would like to build new houses to rent.
I'm unable to do any of the labor and quite a bit short on cash.

However; I have 4 acres of unimproved land in an unincorporated part of a north east suburb in the Dallas area.

2000 sq ft houses sell for around $190 sq ft and rent between say $1700-2300.

In addition to building the actual houses it seems like this would require a lot of other large expenses for example a road (possibly gravel), electricity, water, septic systems, fiber, and cable services installed.

I get the impression, if this was a financially viable strategy there'd be more talk on Bigger Pockets about it. 

When does building new houses to rent even make financial sense?

Where to go to learn more about doing this?

What's your opinion on new builds to rent?