My out-of-state clients are successfully purchasing BRRRRs and flips deals here because you can still find cash flowing and 1% rule deals here with tons of appreciation.

Is it similar to Hazel Green / Meridianville in terms of how far & how rural it is?

The faster track on rentals  (cash-flow wise) is to do short term rentals like AirBnB, etc….

@Jaron Walling generally speaking I would agree, but in the Triangle, there's probably less chance that he'd be successful in finding an existing multi where it would make sense.

Which one (usually, and I understand it's not simple) has a better resale and long-term potential?

I work with The Short Term Shop and they specialize in helping investors purchase and learn to run and manage their str's. 

Are these loan terms competitive?

Fannie/Freddie have more restrictions in terms of experience and net worth to qualify.

I have had success bringing complex situations to the creative folks of BP and letting you all do your thing... so going back to the well again.There is an area of our town that we would like to purchase our forever home.

Does anyone have a long term relationship with them who'd care to comment?