Investing in North Carolina
I am from the Bay Area in California and I am interested in buying a single family home out of state to keep for long term. I am looking into North Carolina for the job growth that is happening there. I want to know if there is a high demand and if homes are renting easily. I have been reading that corporate investors are buying many homes there and I now I am having second thought about the area. I would appreciate any insight.
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I would also look into Jacksonville and Fayetteville. They have to large military bases that leads to a high number of individuals looking for LTRs. In general military orders tend to last 3 years and so a large number of service members choose to rent instead of buy. They also receive basic housing allowance from the government. As a result there is less risk of renters being unable to pay their rent.
If you are interested in the triangle, I would recommend speaking with @Avery Heilbron. He is well tied into that area and could answer your specific questions