Managing a rental is very much strategy, what improvements can you make that the other condos don't have that can't boost your numbers, does your property have amazing design, 5-star service, guidebooks to the condo and area, plus carefully planned marketing.

A few lender friends of ours have indicated a dramatic increase in cash out refinance business the past two weeks

The low end investment types are exact between us both, street by street, block by block changing values dramatically.

Ex:  $3,000 to add in unit laundry = $50/mo boosted rent =  recapture period 60 mo (5 yrs).   

If you have a deal not yet closed then it may be wise to boost the agency level of your RE agent to sign any last-minute documents for you for that one closing alone (and make sure all possible documents they might need are in their hands). 

Account Closed mentioned, you could focus on creating a STR or MTR in the other unit to boost cash flow, and even have a roommate in your own unit to add even more income.

Most here do not want to discourage anyone and honestly enjoy boosting others.

That being said Point Breeze has been ‘coming up’ for the last 10+ years so I wouldnt put a huge emphasis that rents will dramatically go up in the next 3 years (if I were to go out on a limb). 

1) I was stating in my previous response, can I count this extra income from my roommates to boost my buying power?

The combination of a growing economy, increasing population and improving infrastructure make this region a prime opportunity for real estate investment.Some key points to consider:Strong job growth: The Research Triangle region is a hub for tech, biotech, and pharmaceutical companies, driving job growth and attracting top talent.Affordable housing: Compared to other major cities, the cost of living in Raleigh/Durham is relatively low, making it an attractive destination for those looking to buy their first home or upgrade.Growing population: The area's population has been steadily increasing, with a projected growth rate of almost 10% by 2030.Developing infrastructure: New transportation projects, such as the Durham-Orange light rail, are making it easier for residents to get around, further boosting the appeal of the area.If you're looking for a real estate market with solid fundamentals, steady growth, and room for appreciation, I would definitely recommend considering Raleigh/Durham.