Moving to Raleigh-Durham area

[Michael Douglas]

Hey everyone. I'm new to BP and really love all that I'm learning from the site and this forum.

My wife and I are planning a move to the Raleigh-Durham area by summer of 2021 at the latest. We plan to keep our current home and rent in here in Portland OR. We'll have a management company take care of it for us.

We have had good success with Airbnb and want to buy something in the Raleigh area that we can use for Airbnb. We've been just listing 2 of our 4 bedrooms and want to do the same there.

We're thinking to buy a 4/2 or 3/2 that we can use for Airbnb now and then later use that house as a rental once we move on to buy another home a year or so later...BRRRR.

We could try to buy it remotely as a "rental" at the higher down payment and interest while we are still employed here in Portland. We could also move into something temporary in Raleigh while we search for the right deal there. If we did the latter we could buy it as as our primary dwelling and get better financing for it.

We're still trying to figure things out on that. We're also still researching WHERE to buy. Due to the Airbnb consideration, we want to buy near attractions for travelers....Airport, Universities, Business districts, Tourist areas. Still trying to study the city and learn all of that stuff.

Any thoughts you can share on the buy pre-move vs post-move question or on recommended areas for Airbnb, etc would be appreciated.

And a happy holiday season to everyone.