An SFH in Cary/Apex is really only $25K or so more than an apples-to-apples home in some of these cities and with a 20% down payment that really only translates to another $5K downpayment.For anyone that wants to learn more about the Triangle, I suggest signing up to get news from WRAL TechWire.

That being said, this is not a fair apples to apples comparison.

With the actual figures, I'll be better able to give you the math on either side.I think you're mixing together a couple of unrelated concepts and if we can break the situation down to the basic math, it's easier to compare the two scenarios apples-to-apples.

I also have a full time job outside of real estate, so we are apples and oranges.

1- The Big Yankee Deli2- The New Yorker Porker3- N Rye C4- A Big Apple Deli (In Texas!)

Squash, potatoes, apples, pears, etc.

So it makes apples to apples a little tricky. 

I have a lot of BP clients that I find properties for here in Austin and all of them are making decent positive cash flow and seeing 5 to 10% appreciation with no end in sight as Apple expands from 5000 to 10000 employees.  

Come on by and get your free Oceanside magnet when you mention my name (valued at $4.99!)

Ultimately my commentary seems to have upset some of the apples on your cart.