It is not low cost.. you need 7-8 rooms per house to make it decently profitable. 

The builders that were building rentals are most assuredly going to switch over to rebuilding the higher profit multi-million dollar homes.

. $8900 is not profitable!

I work on a ton of Padsplits in the Atlanta market and it is tough for a 4 bed co-living property to be much more profitable than a long term tenant factoring in additional utility expesnes, padsplit fees, and additional property management expenses.

The reason I ask is at that rent point there is no profit on a sustained hold.   

If you can get it dirt cheap somehow and maybe flip it, then you could profit. 

Additionally, if your goal is to maximize personal financial benefits, consider profit distributions from the property-owning LLC, which may provide tax flexibility depending on your situation.By adhering to FMV, maintaining proper documentation, and structuring the lease agreement carefully, you can optimize tax benefits while staying compliant.This post does not create a CPA-Client relationship.

Yearly increasing costs will, in time, eat up any profit they have per unit.

At any rate it is possible, but depending on your appraisal it could be a gamble

•Always calculate future taxes when analyzing rental profitability.8.