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Updated about 2 years ago,
Rental Property Investing in North Carolina
I'm strongly considering investing in NC as an OOS investment option (though I am still looking locally for a future househack too).
I am interested in cash flow and do not have a crazy budget to buy high end appreciation focused properties in boujee areas :)
I am most interested in small MFHs (2-4 units), though I am open to SFHs in certain (niche) cases.
What are the best reasonably-priced cashflow-friendly areas (cities, towns, or zip codes) in NC for...
1. Traditional MFH LTRs
2. MTRs (hospitals)
3. STRs (tourism, whether from out of state residents or locals)
4. Section 8
5. Student housing (universities)
While I understand I can look up a (really long!) list of schools and hospitals and attractions in NC, an insider scoop to narrow things down would be extremely helpful.
I'm also open to hybrid situations within a property such as (1) MTRs in cooler months (coincidentally sick season) and STRs in warmer months (coincidentally travel/vacation season) OR (2) (furnished) student housing during the school year and STRs during the summer.
Lastly, if there are any areas to definitely avoid, I would appreciate the pointers!
I also appreciate Core 4 recommendations.
Thanks!