question related to rental demand for buy and hold in clayton NC,

[Vijay Nidumolu]

Dear all,

My realtor really likes Clayton NC and its neighborboods for buying a relatively new property and renting it out there. I am not sure of the sustainable rental demand in Clayton area, as there is really lot of new construction going on there. 

May I know if anyone has recently rented in Clayton, or has good/bad experience holding rental in Clayton Nc ? Is  fayetteville NC, saturated when it comes to finding tenents who can pay ~1500$ rentals.

Any insights about outskirts of RDU are very helpful. We have a rental in hollysprings. But ,it appears prices have appreciated a lot to buy there and get decent returns there. Also I noticed that there is less supply of 1~5 year old homes in hollysprings or fuquay varina.

one of my friends advised me that greensboro, high point NC are going to be like RTP in future . Please comment on the same.

thanks and regards

vijay