Isn't it just as irresponsible and violate their fiduciary responsibility to knowingly advise your client to purchase in a depressed area without disclosing that?

And Larry Goins would probably classify those little towns to be depressed markets.  

Just yesterday I was talking with an attorney and in his community, there were NO building permits issued in about 10 years since 2008 depression.

From my reading, it seems pretty depressed.

That will still scare away many potential buyers and will depress the price you will be able to achieve. 

In large part because recessions/depressions do come.

That is going to depress the price even if there are some comps that are in your range.  

I would like to give back to communities of depressed areas and make them buzz again.

I am new in real estate investment and am interested in low amount purchases  of  depressed tax lien property in auctions in galveston and houston.

And I would also be worried that the next time we have a big economic recession or depression, it could affect tourism in Orlando which in turn could affect employment and lead to evictions and vacancies.