Raleigh, NC vs Tennessee for Building Single Rental Homes
I’m looking to invest out of state and considering purchasing lots to build single-family homes as long-term rentals. My goal is strong rent growth and solid long-term appreciation, not just short-term cash flow.
For those familiar with current trends, how do you view Raleigh, NC vs. parts of Tennessee for this strategy in terms of population growth, rent growth, build costs, and long-term returns?
Curious which markets are currently making more sense for new construction buy-and-hold.