Should I buy a property in a rural development area??

[Josh Silvester]

Hi everyone! I recently posted here but I am currently under contract for a duplex in a rural area marked for development.

There are 2 huge commercial real estate projects being built within the next couple of years (under construction). This property is 5 minutes away from a major university. I am very new to REI and would like to know if this is a great opportunity to buy in an up and coming area or if the residential properties will negatively impact my ability to rent out my other unit. Open to all advice, thanks so much!