From an out of state passive investor perspective (where I will have the property either self managed or thru a property management company) & paying 20% down to scoop up a 325k SFR & have it positive cash flow has been hard.For example in cedar park - zip 78613, today if you want to buy a 300k SFR (5-7 years old) & want to rent it out, I analyzed data of 200 rental properties for last 2 years and found that rent ranges from $1900-$2100 and even with 3.8 interest rate - it is hard to generate positive cash flow > $100 because of high property taxes.Folks who bought brand new builds in 2016 are now doing better as their purchasing price was in 220-260k bracket - but that inventory is all gone.

I ask as I might build one as a lot I purchased isn't wide enough from a zoning perspective to be subdivided for two single family homes (it is 75 feet wide and zoning requires 50 feet width per lot).

@Drew Buckner, Ken has given you a boatload of good information here, so I will skip right to my perspective.  

From an investment perspective on this area, the vacancy rate is very low, rents are healthy (reasonably high, but not NYC/Boston/Bay Area crazy), and the tenant quality is about as good as it gets. 

Some people have different mind-sets and outlooks/perspectives on different things in life.

You don't want it too high or you won't get calls and you don't want it too low or you will get undesirable calls.When a property gets stale, it's often times helpful to pull it off the market for a week, reorder the photos and freshen then republish it so the ad looks new and fresh.

I'm relatively new to all this as well but let me know if you have any other questions and I'll do my best to answer with the limited knowledge and perspective I've accumulated. 

It is very hard from my perspective to get rid of tenants who pay on time and who take good care of the inside of the property.Now on the other hand, if they don't pay on time and are otherwise a pain about different issues then I completely agree with not renewing their lease and just moving on.

From my perspective, it really doesn't have anything to do with teaching the competition, as there are plenty of houses for everyone, but more to do with time management.

I truly appreciate your honest comment, which (unfortunately) confirms my concern, and provides further insight.The following site also has a nice overview of how safe, from a seller's perspective, are various payment methods: https://en.bitcoin.it/wiki/Payment_methods (Note: I have not the faintest clue what a bitcoin is, but they seem to have the same problem that we have: safe electronic payment methods.)In summary, I conclude that there is no suitable electronic payment method for rent collection, that is governed by the rule of law rather than the judgement of private intermediaries the rules of which can be gamed, and that cannot be reversed at will by a smart "professional" renter.