Very Rural Properties

[Tim Y.]

I have money to invest but I'm taking time to formulate my strategy for investing in rental properties.  I live in a very rural area...southern Virginia. In my world, Roanoke and Winston Salem are very large cities.

I live in a town that doesn't even have a gas station. Nothing. I'm wondering if anyone has attempted a strategy of buying rural properties for either rentals or owner-finance income deals, or if it's a "must" to look in populated areas? For me, that would be Roanoke, Lynchburg, Greensboro, Winston Salem, etc.

Look forward to hearing your thoughts.