In just poking around, I ran across this website and thought it might be useful for others. http://www.unitedstateszipcodes.org/  I have recently moved and I am still discovering the statistics of my area. 

A few properties I ran are showing cap rates above 15% even with high maintenance and repair budgets and the taxes. 

English litt, might help you write compelling marketing materials to find good properties; Anthropology may allow you to understand different cultural shifts in the housing markets; history could teach a lot of market timings in Real Estate.I studies Electrical Engineering and Economics, neither of which gives me advantages in Real Estate.

I ran through some scenarios and have my theory, but it's only one man's opinion.  

Any KW agents here that can provide some insight on the company (culture, training, support, etc.)?

I ran by the property and it was badly overgrown and barely visible from the street, but I made my way to the house and had a look around the property...

As we all know challenges arise that were not figured in the original scope and I ran into two main problems.1.

The first issue I ran into was that I arbitrarily picked a rental amount that seemed fair to me without actually doing market research.

If I wasn't so addicted to this southern culture, I'd pack up my bags tomorrow :) 

I ran some numbers myself and although your repair and maintenance estimates are a bit low - I doubled them in my calcs - I also added the vacancy rate of 7% cause I always like be more conservative in my calculations - further more , to be sure its a good deal , you really should add the management fee cause otherwise you are making calculations based on you always managing the place yourself - ( which you may plan to do anyway ) however - I like to calculate what the cash flow would be if you had to walk away from the day to day operations and bring in manager   -  That being said - It looks like you are looking at roughly 934/ Mo in cashflow or $11,220 a year yielding you about 15.6% Cash on Cash return the fist year  - not a bad deal at all.