At stake are roughly 5,000 jobs directly from the factory with average annual salaries around $47,000.

This is within a mile from the "domain-like" project that will start at the beginning of 2021 and if Tesla comes to Austin (announcement expected in a few weeks), the home is less than a mile from that factory as well.There are homes in the area that are up for rent that would barely break even or cost me a little out of pocket for me in this area currently.

Tesla has now cleared the final hurdles to forward with $1.1B “Gigafactory,” which will manufacture the Cybertrucks and create 5000 jobs 🤓https://www.cnbc.com/2020/07/14/texas-county-approves-tax-breaks-for-a-new-tesla-factory-near-austin.html

Invest in areas that have good economic indicators such as low unemployment, population growth, employer diversity (many employers vs 1 large factory for example), etc. 

I have a whole family that I take into account of my risk factor. I

Currently working at a siding factory but the goal is to eventually be able to do the rental real estate full time utilizing the BRRRR strategy!

@Ned Carey thanks for the response, I've heard timing the market is a fools game, i have a feeling this upcoming situation will be more extreme. however the mindset should be a great deal can be found at any time in any market, the main factor is what kind of deal did one land, yes?

Call several local real estate agents or lenders, read articles from local news outlets on where and why the city is growing or how it is developing, find out if any large company is moving HQ  or building a large factory in the area, etc...

But for $5mm or whatever investment, I would do that near me, versus afar.How much of a shave is the relative willing to give up on the price, to me is the deciding factor.  I

The other factor is there is lots of investors holding cash waiting for opportunity.