You need to add some other stress factor added to not owner occupant (absentee) like vacant and / or vacant AND late on taxes or mortgage.  

@Garvin Yu I think the most important factor here is your plan to grow.

One opportunity is to utilize my spare time in the mornings to operate a small roadside service business in my area as a means to obtain additional investment income.

When you are gambling a huge factor in your success is limiting your downside risk.

A few of the units around me dropped their prices, but even then they wound up renting to people that I rejected due to any number of reasons, so the season has definitely thinned the pool of good prospects.My units show well and are all updated, but I have fairly high criteria (650+ credit, non smoker, 3x rent) so it may also be a factor.

Each morning I bump up the ad that is 3 days old.  

The hard part is factoring in the time to acquire 100 doors on your own. 

Labor rates and service calls are getting quite pricey and for folks that cant do the repairs themselves they need to factor those expenses into the overall deal.

I just wanted to drop a quick note this morning. 

I have to factor this in so my bid is low - but everyone else has to do that also.