Tips on Analyzing Rental Properties in the Raleigh Area

[Matthew Coffey]

Hi everyone!

I am currently a new investor in the Raleigh area looking to buy my first property in the spring. Currently I'm enrolled at NC State and am trying to get into the student rental market before the next school year rolls around. 

I've been following the market and BP for a few months now but I'm having trouble analyzing deals. I usually analyze about 2-3 deals per week using the four square method (although I'm trying to get that to one everyday) but I'm not sure how accurate my analysis is. 

Does anyone in the Raleigh area have any tips or thoughts on getting accurate analysis on properties? Specifically when it comes to estimating vacancy, repairs, and capex costs? 

Thanks in advance!