Most CFO clients that I work with that are new construction/home builders usually target a 20%-25% gross margin as they usually have to deliver high teen returns to their investors.Great question. 

The payments and interest are high.

@Nicholas A. your shotgun approach has a high probability of getting the exact quality you put into it.95%+ of real estate agent, many of them posting they are "investor-friendly", only know how to deal with owner-occupied transactions. 

I feel as though my home is priced too high, however, my property manager insists the price is competitive.  

You want lower land cost with high rental demand unless you're a reno expert and flipper which not 1% of real investors are. 

If prices are too high people will just go elsewhere.

The most common reason for a high water bill is a toilet that constantly runs or flushes.

. - The people that are monetized on actually closing deals are all saying this thing is highly implausible. 

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

The BRRRR strategy was great a couple of years ago, but it's much harder to do now because of the high interest rates.