Has anyone BRRRR invested in smaller towns and communities?

[Andrew Matura]

Hey all, I am new to real estate investing and am accumulating my resources to begin investing with the BRRRR strategy in a year-year and a half time frame.

I live in Indianapolis Indiana however, my wife and I plan on moving up north (near family) around the Lafayette area. Has anyone successfully or unsuccessfully invested in smaller towns/communities? The homes in this specific area consist of older homes which on a surface level, seem good for a BRRRR strategy.

Any and all advice is appreciated, thank you all in advance!