I'm sure you can rent it for more but with such a low risk mortgage like that holding on to properties like that can make you look really smart. 

I do know that smart hire smarter people who are experts to maximize deductions and find legal loopholes. 

I bought a 75 gallon smart hybrid with a pump for my primary and a 50 gal smart tank for the guest house last week, they were both to replace 15 year old heaters. 

What I don't buy at auction, I buy at Wal Mart (linens, cookware, utensils, etc).Washer $75.Dryer $75.Stove $100.Fridge $100.2 recliners $50.Tables and lamps $50.Dining table and chairs $50.2 bedroom suites $300.2 old style televisions, free.That's $800.Probably spend $400 at Wal Mart for soft goods.Finally my biggest single expense is the Smart TV for the living room, $250.My tenants work 10-12 hours a day, 6-7 days a week. 

on a property they do NOT have an ownership interest in.So, just like a mortgage lender requires you to add them as "additinally insured" to your homeowners insurance, PMC's (at least the smart ones) will require you to add them as also in the same way.We've heard, "additinally insured", called many names, but the concept is all the same.

FYI -- Home-building technology is evolving to drive down construction costs. 

I like @Adam Schneider, @Chris Martin, and @BJ Henderson 's remarks.The bottom line is that your question is too broad to answer, as there are way too many unstated variables.But if I were to make some assumptions about your question, my own couple of pennies is that if you're smart, driven and persistent (and probably a few other choice adjectives), a beginning investor has a chance of making it work in the Raleigh market.

All in all, I want to make a smart move on picking a brokerage.

Smart man Jason!  

@Oscar Martins Thank you for the smart idea!