This cycle continues to suppress available rentals. 

From what we hear from fellow landlords in the area, there is high demand for rentals, so homes that are well-priced are going quickly.This is the address: 4726 NE 89th Ave Portland, OR 97220.Brief description: "Charming 1920s bungalow includes 4 bedrooms and 2 full baths with tasteful updates that combine classic features and modern amenities.

I painted, tore out carpet, and refinished the charming wood floors underneath.

Not sure if it matters, but the whole building and all units have a fire suppression system and other things needed for a commercial building since the 1st two floors are commercial, the city made us make the entire building outfitted with a fire suppression system and wireless notification.

Garner and Clayton are growing areas as well that I would add to my list for towns around Raleigh that have existing charm with huge potential.

In my area, I have bought and resold older homes with minor foundation repair/upgrade because thats what buyers in the area are willing to accept in relation to the charm and character of an older home, however in other areas where older homes like this are not that prevalent, buyers will have completely different expectations as to foundation condition and you could be looking at major upgrades to repair foundation including replacement, or adding sister walls.

It sits on a 1/3 acre lot (huge for central Austin) and had a very specific and unique charm to it.

What fixtures are there already: hood/fire suppression, walking cooler/freezer?  

So partner up, Charm City has many neighborhood that may fit your criteria, especially if you are interested stabilized, turnkey assets, or growth properties and not down-market flips.

Worked like a charm.