But this might take several more years which is why prices will continue to rise strongly.2.

Finally, I would suggest a portion of economics so they are aware of the larger picture, are we in a bubble, recession, inflation etc.On the construction side, even if you don't intend to swing a hammer, knowing building codes and best practices is always good.  

As an agent myself, definitely know that once a property hits the MLS,The price inflates.

Otherwise, I would be wary.There are a couple of anomalies: Smoke Rise and Pine Lake.

We personally like to buy in areas where appreciation is higher than inflation to preserve our cash flow. 

"A" tenants mainly consist of high-end white collar professionals (think of New York Manhattan high rise buildings), whereas "D" tenants are the other extreme (really low income neighborhoods").Keep in mind "A" tenants does not necessarily mean that they are easiest to handle.  

I did a lease option. 3 years, $8,000 down (borrowed from family), high payment of $1,000 per month, balloon payment after lease was up.So I cleaned up the yard and did a little work here and there and saw the value of the property rise quickly.

"ITB" is where a lot of the duplexes are located, though that means that the prices are either way way way inflated (because the land value is high enough that people will buy it for a tear-down), or its in SE Raleigh.  

Home prices are still rising but they are to remain somewhat stable.

I have capital that is currently invested (and performing well) in the stock market - but I've experienced the rise and fall of markets, and would like to own something tangible that will also generate cash flow.