Hi @Ray T.
As a wholesaller in the Raleigh/Durham/Fayetteville area I see a lot of deals and know this is a great place to invest and different strategies are likely to favor different areas.
For example, in Raleigh right now I am seeing more flips rather than buy & holds simply because prices are getting relatively high in many parts of Raleigh while rents are relatively low when compared to other parts of the country (i.e. Philadelphia, D.C. etc.) But as @Ben Koval mentioned, prices do vary based off factors like schools.
For Durham I see a mix of flips and rentals with flips being more prominent for the same reason of price:rent ratio getting a little high right now.
Fayetteville is a different story. With prices still being relatively low, Fayetteville is still showing a lot of BRRRRs, flips, buy & hold and long-term rental plays.
That being said, it doesn't mean you cannot find good deals for different strategies in each of these markets. You just need to know where to find them!
Overall, Raleigh and many places within 1 hour of Raleigh are great places to invest and where you invest should depend on your investing strategy. Population growth throughout NC is on the rise, which typically correlates to long term appreciation, which is another benefit in all three markets to note.
Hope this helps! Good luck with your investing journey!