I typically like to buy "broken toys" that have some value I can unlock with either renovations or just some love in the form of paint or cleaning up the exterior.

I've toyed with it but not bitten the bullet.

Make sure who is taking skirting off,,,airing tires,,,hauling blocks,,,leveling ,,,and never heard of mover hooking up utilities.

They come in, roll them up, haul them away, bring them back the next day and roll them out.

We have been toying with the idea of writing it into our actual lease language - that rents will be increased by ~X% annually with a 5yr table showing the increases - say ~2% looks like $1200, $1225, $1250, $1275, $1300 - however, we are worried that it will either outpace or under pace market rents.  

  ( the yard work would be the only thing I would hire out due to hauling )

One of the line items I see get missed time and again is the final cleaning so it is stage/show ready and the clean up & haul away of debris and trash throughout the course of the project.

A toy soldier clause in my lease. 

So not exactly a flip, but same end result...Full details here: https://www.biggerpockets.com/forums/311/topics/434246-duplex-under-contract---flipping-karma-and-a-new-toy

The tech industry growth/presence (Cisco, Redhat, IBM, Lenovo, etc) and job diversity in Raleigh-Durham, the well-established Universities & student/affordable housing needs, the friendly landlord regulations, the favorable affordability gap (difference between cost to rent and cost of mortgage monthly) and the population growth are all some great reasons.Speaking of population growth, check out U-Haul's migration trends of 2019.