You used the exact same $3000 figure for both locations and that number is creating an unrealistic result with your two samples.

I agree with @Brock Mogensen that self managing out of state would be unrealistic, but maybe there is a decent PM in your area that could hold things down for you. 

A lot of these answers sound unrealistic.

Your first appraisal came in low and the lender backed out, this is a red flag and perhaps you were a little unrealistic in resale value.

Sounds like you had a client with unrealistic expectations. 

Hi EmmanuelI am an Aussie investor focusing on Michigan and Florida currently, and have found there is no really easy way to access lenders in the US apart from hard money which is quite expensive and unrealistic for long term. 

Obviously unrealistic, but there is some price lower than what you're asking that will get you a GOOD tenant quickly. 

Expecting to profit $30k is, in my non-expert opinion, unrealistic.

I completely agree with Jay, $25 a pop is unrealistic.

You also have to make sure you are not be unrealistic with crazy low ball offers that have no chance.