I'd like to know the neighborhood name of "... a whole neighborhood of new construction that sold in the 150’s-170’s..." in Raleigh is.

I also have no idea whether you ran your numbers correctly, or whether your neighborhood is growing or dying.What I am saying is that the fact that you already own it is a huge benefit vs having to buy to invest.

., what are good neighborhoods to invest in) Lack of confidence in the calculated costs for expected and unexpected items (e.g., electricity, gas, CapEx repairs). 

There's plenty of cash flow potential in the right neighborhoods with the right property types (at the right price).

As of December 15th the cost to close was $429,000, and in the same neighborhood there have been 3 similar layouts selling from 550,000 - 600,000.

Rahway can be really specific to the particular neighborhood, varying by as much as 30%.

Similar sized houses in the neighborhood that are up to date are ranging from 650-850k.

This would include understanding how much a bank will lend out, and researching local rental rates and neighborhoods.

Granted that was in a nice neighborhood (Terrace View).

I'll be in the area in the next 3 weeks and would like to visit a few neighborhoods.