Investing without financing in the RTP/Asheville area

[L Harrison]

Hello, I will 1031ing a property from Colorado and hoping to buy at least 2 properties in NC.  I am thinking of the RTP area, and perhaps Asheville.

I see that most of the advice on not purchasing SFR's for LTR right now have to do with interest rates, and am wondering what advice you would give someone who isn't going to need financing.

I'm hoping for some steady monthly income with an emphasis on long-term appreciation.

I will have around 1.2M to reinvest, and as you all know, I have to identify in the 45 day window.  Any thoughts are much appreciated!