Analyzing an out of state market
Good evening Biggerpockets members! First I would like to thank everyone who reads this volunteering for their time, for their commitment to giving back, and their help in guiding newbies such as myself. You guys rock!
With that said, I'll get right into it. I'm 24 and work as an Assistant Property Manager. I currently live in New York State but I'm looking to relocate to Raleigh North Carolina (I'll be visiting the area in about a week for the first time). I'd like to start by house hacking with a duplex or some other small multifamily house. What I'm having trouble with is analyzing the market in Raleigh. It seems to be a quickly growing area in terms of both population and job growth however I'm having trouble when it comes to determining what is a fair price for a property. I've been using sites like Zillow and Trulia to check out these properties but I'm not sure how reliable the information is on these sites.
What resources do you all use to analyze markets/deals out of state?
Do you have any other advice for a newbie starting out in either this area or in house hacking in general?