Chapel Hill housing options

[Phuong Tran]

I am coming through with my son for about 1 year for him to attend school in Chapel Hill. I invest in other markets in the US, but have not bought something for me to live in for a long time. I am looking for something close to his school in 27517 that I can rent/sell with relative ease after we leave. But it seems the housing market there is quite heated now, a real seller's market in Chapel Hill. Trying to find a 2.5 BR cottage-like housing with a garden. I am exploring some options: 1) Buy outside CH a fixer upper and find for myself a rental in CH close to my son's school; 2) Ideally, try to find something I can add value to in CH where I can live in, and rent out/resell with ease. 3)  Househack a MFH 4) Other. I would really appreciate other's thoughs. Is #2 possible in this market (for both houses and condos). Many thanks, and I look forward to connecting with Triangle area investors when we arrive next month.