We own a cabin in Ellijay that stays booked as much as I want it, but I'd caution that 90% is an unrealistic number just from the cleaning services standpoint.

There are so many forum posts from investors who buy a random property thousands of miles away based on recommendations from people they don't know and unrealistic spreadsheet math, get crushed by capex, and give up. 

What @Robert Rixer said in terms of cost to build isn't un realistic for our area depending on level of finish and any improvements needed to the dirt.

Let’s start with some basics of realistic expenses offset versus unrealistic gold rush paradigms in a high cost, high tax, low occupancy state:You’re not getting 20% CoC.

At the very least I’d get an experienced agent’s opinion on pricing because most FSBO’s are priced unrealistically high in my experience.  

Don't think about or talk about these things casually because you will be setting an unrealistic expectation with the tenants. 1.

I've had several bids, all much higher than the original, unrealistically low contract price, with of course a lot of variety in the price, experience, and track record of various builders.

This will open up opportunities that seem completely unrealistic to you now.Buy real estate in solid locations where the numbers work (probably tight though), manage the real estate for the future, and repeat. 

Communication is always key.Even if things aren't going as planned.Granted, I have also witnessed many unrealistic expectations and got blasted for "communicating" every nut and bolt to an investor.So it can be a fine line

I've been looking at single family home prices and rental prices in Austin TX and its suburban areas, and it feels like it's extremely unrealistic to find something that passes the 2% rule.