If this is what concerns you hire a buyer's agent because you are focused on the wrong things altogether.

Actually my $50mm figure above is wrong. 

The challenge is I don't where you are but how is the soil?

Although, if you buy wrong you will be dealing with a lot of maintenance. 

And then again sometimes its simply out of their control.. made a bad buy had some issues you were not aware of like the Guy talking about soil in Texas I learned that one the hard way not sure that's an issue with that property but its stuff like that..

They are stuck in 2014 when notes were so cheap and easier to make money: now pricing is tight and even just buying to resell is challenging.Note investing can be more passive than other aspects of real estate but still takes a lot of work as well as a lot of experience and knowledge as there are many moving parts that can go wrong 

So much can go wrong with the contracting. 

Because of the balance sheet is off you can certainly bet that something is wrong with the profit loss statement. 

I’ve done some research on majority of these places and maybe I’m wrong, but the median price points of homes here just seem way to high and unrealistic.

Very wrong approach!