@Alan F.Every market will react differently depending on the the supply an demand and the economic drivers in that local economy.

My point is that in a market where overall demand is unbelievably strong, the opportunity-cost numbers are not that strong for an all-cash, or any for that matter, acquisition relative to past history. 

After moving in they began to complain of a cat urine smell (which does not exist) and demanding that I replace the carpeting.  

In the end, good wholesalers know how to play based on supply and demand.

At this point, I would demand a recent ALTA survey.

I have sold apartments in Columbus for 10 years. existing inventory in C and D areas are the same cost per square foot as suburban multifamily so I figured we have a shot at something and there's been plenty of demand.

Research specific neighborhoods for safety and rental demand to ensure they align with your investment goals.Hope this helps.

I am curious to see if this slows down the massive demand Raleigh has seen in the past few years. 

As long as you stay in the better areas I think there’s plenty of demand for mid term rentals.  

Then supply and demand begins to happen, when the masses begin to think it’s too hard and go chase the new thing, supply and demand happens again.