Yeah, that is actually true.

Also, I am not in Cambridge - I did not have the option to put the actual town where I am looking. 

Please tell me how wrong I am. yes you could, i think everyone in hawaii from mainland is doing this only and it's actually "breakeven" enough.

Concerning management piece, you need to hire a friend / family member / acquaintance to start helping you manage, especially at 50 unit count.

If I assume that the (actual) inflation rate is 5% and the initial rent is $1,000/Mo, what is the inflation-adjusted adjusted rent (or buying power) in 5, 7, and 10 years?

The actual wear & tear of the property has to get replenished as well.

Thanks @Vanessa Ivonne Hernandez - did you end up actually acquiring a property in PA?

Of course I do not want to post anything that would discriminate against protected classes, and I am actually not afraid to take people with section 8 or other vouchers, so long as they meet the other qualifications. 

If they help sell a piece of land they will get some money.  

This can be a great way to have a 1031 actually purchase your next primary residence.