There seems to be a relatively large amount of duplexes built in that area, though I'm not sure that you're going to capture the young professional working in RTP that you want to live in your house.  

I was originally thinking of buying some more rentals or small apartment buildings, but there are bound to be other more efficient investments for capturing some good paper losses while also getting some decent yield on the investment.  

The problem with any gain over that scenario, is you start running into taxes on the "depreciation re-capture".  

You read my mind on capturing the equity in a year or two.

I've decided to capture the benefits of real estate ownership without the negative cash flow associated with our area.

., @Joe Fairless CBRE Research had an update end of last month on Asian offshore/cross-border investments:Asian outbound CRE investment grew by 8.9% during Q2 2015, to US$10B.Intra-regional CRE investment declined by 40%, YOY, reflecting Asia's challenging investment conditions.China remains the largest source of Asian capital, while the US has just surpassed the UK and the top destination.While New York remains Asian CRE investor's top US city, Boston, DC, Seattle and Los Angeles have captured a ~40% share of their US investment capital so far in 2015Asian capital flows into the Pacific have increased 63% in the past year.Taiwanese buyers are on track to nearly triple their 2014 overseas investment volume.H1 2015 saw 30% of Asian outbound CRE investment go to hotels.Our private equity clients with Asian investor backing are searching for two different opportunity sets depending on the investors' prior experience with CRE in the US: Those new to the market want the gateway city trophy asset, but those who've invested here before tend to be more willing to branch out and invest in opportunities with more upside, say value ad deals in secondary markets.Good hunting-P.S.

On one of my other rentals the tenant is a head chef and loves the gas stove.

In order to capture equity you may want to look at purchasing a distressed asset with a hard money loan, then refinancing out in 6 months instead of purchasing with a VA loan.  

Goal wise are you looking to capture more appreciation or cash-flow?

http://themoth.org/posts/stories/call-me-charlieA landlord helps the FBI capture America’s Most Wanted.