A few crucial members of your team that you need to self manage your property include:1.)

Having good financing is crucial. 

An agent that represents can be crucial as he/she will do due intelligence for you whether it's a house to live or invest.

I would stick to Ormond Beach and Port Orange and some areas of Daytona Beach. 

However, what I have also learned, is that the location of the property is part of the determining factor of which platform will provide you with more bookings, and that is why it is crucial to list on both.  

You missed the most crucial element.

The parameters you’ve set are good but this area is very large and spread out so RTP employees live throughout Wake, Durham, Orange, Johnston and Orange counties. 400k for a townhome is reasonable and rents tend to be in the $1600 to $2200 or so for those properties.

White, yellow, pink, green, orange postcards.

I am in South Orange County with one property in Lake Forest currently.  

When we lived in Orange County, CA, the only place to make good returns was out of state.