Investing in Danville, VA

[Jason Davis]

Just curious about anyone that own's property in and around Danville and how it's working out. I've done a little bit of research and it looks like most of the places are pretty inexpensive, but I'm familiar enough with the area to know that the population is lower now than it was 20 years ago, which would seem to be a negative.  I've looked at a few places on zillow/realtor etc. and they are all generally 3/2 and 1200ish square feet and are listed between 10-20k. Most note that they are section 8 rentals at right around 400/month.  Based on that, the initial numbers seem to make sense, but I'd love to hear from someone that has actually invested there.