How's the Raleigh-Durham Market in the NC State Area?

[Raghav Haran]

I've been researching multifamily properties (2-4 units) to invest in within the next several months in the Raleigh-Durham area. As an out-of-stater (but investing with a partner who's very familiar with the area), I was hoping to get some more insight from current residents on BP who live at or near the area. 

[Dawn Brenengen]

@Raghav Haran That's right up my alley!  I invest in single family home near NC State, and I have no problem getting them filled, so just a few days of vacancies every other year or so.  Now, multifamily will be a little less desirable than single family, and there are a lot of new apartment complexes you might be competing with, so make sure your finishes are nice and you "harden" your rentals.  Price appropriately, as always!