New River Gorge Area in WV Becomes National Park: Opportunity?

[Jeffrey H.]

On December 27th, the New River Gorge National River was upgraded to a National Park. With this designation I personally anticipate, at the minimum, an increase in tourism and short-term rentals. However, I also think there is potential for buy-and-hold investors to purchase lots of inventory at dirt cheap prices in nearby cities like Fayetteville, Oak Hill, and Beckley. With the WVU Tech campus in Beckley, there is also potential for converting single family homes into student housing.

This just seems like a very low risk opportunity with a lot of potential upside. Am I missing something?