Thoughts on Real Estate Investing in Blacksburg, VA?

[Richard Lee]

I am a real estate agent/investor currently living in Northern Virginia. I am also a Virginia Tech graduate (Go Hokies!). I have been considering in investing down in the Blacksburg, VA area. I would be looking more for a buy and hold strategy.

A couple of reasons listed below:

- Lower barrier to entry relative to Northern Virginia

- Possibly better cash flow (?);  (Need to look into this more)

- In looking at the Virginia Tech master plan, the university is planning to grow 

- Being able to stay involved in the community

Any thoughts or recommendations?  Any investors in the same situation?