The RTP area, comprising cities like Raleigh, Durham, and Cary, is an attractive option for several reasons:Strong job market and population growth, driven by the tech, research, and education sectors, ensuring consistent rental demand.More affordable home prices compared to Charlotte, allowing for better cash flow from rental income.Areas like Cary, Apex, and parts of Raleigh have newer construction townhomes/condos that fit your criteria.Potential for long-term equity growth, as the region is seeing steady appreciation.Some recommended areas to consider near RTP:Cary (especially newer developments like Amberly)ApexNorth RaleighDurham (for slightly lower prices)Charlotte is also a solid option, though it may be more expensive:Strong financial/banking sector driving job and population growth.Higher home prices but potentially higher rents as well.Newer townhome/condo developments in areas like Ballantyne, University City, and South End.Robust long-term equity growth potential, but higher entry costs.

I have had homes with sump pumps and did not visit basement for weeks.

Hi Calvin, That sounds like a smart strategy for your townhome in Temple Terrace, which is also where my primary home is located!

The property already had septic, water, and electricity from a home that had been demolished.

You can get a solid cash-flowing SFH home for 90-120k in Cleveland.

BECAUSE THE CITY DOES NOT ALLOW STR UNLESS THE HOME IS YOUR PRIMARY RESIDENCE!!!

If we purchases a home as an investment property, build a DADU, and sell the home and DADU (around 12 months after the purchase), what's the best strategy for tax saving?

Bigger pockets postAccording to Biggerpockets stats https://www.biggerpockets.com/stats , over 1000+ new members signup every day and at the time of this post, they have 1.6 million+ members.Jump onto Facebook and I see lots of investor groups in the 50k - 100k range but nothing larger.  

We purchased the home on 3/14/2023 for $190,000, invested $60,000 in renovations, and sold it for $355,000 on 6/28/2023.

@Martin Yip Toll SoTypically only homes assumable are VA loans which you would not qualify for