Abilene info

[Trey Leigh]

Recently the home prices in my area seem to have risen to a point that a good buy and hold property that cash flows is hard to find, most barely make the 1% rule much less the 2% rule. I've been looking in the Abilene, Texas area and the listings there have a much better ratio. There are at least two colleges there and an Air Force base so it seems there would be a demand for rentals. Could anybody tell me if there is, and where the "good" parts of town are. There seem to be a lot of inexpensive houses and condos on the market, why is that? Is Abilene on its way up or down?

Also any recommendations for a good Agent and PM in the area would be much appreciated.

Thanks