The worst time to buy a rental property?

[Jorge Pirela]

I've been researching about BRRR and rental properties in general, and looks like in my area (Acworth, GA) single family homes that are being listed in the price range I can afford (175-220k) have a rental price of around 1300-1500 when you shop around for similar homes online, so when I run my numbers on them, including repairs, vacancy, capEx, taxes, and all that stuff, it turns out they would be cash flowing 150$ in the best cases, and the rental market doesn't seems to allow higher rents, so, what am I missing out? Why there are all these $225+ homes being rented for around 0.6% of their value? How are those landlords even covering costs? I'm a 23 year old looking to invest into real estate but all this got me really confused