Same basic idea. 

If we find Lithium somewhere, that may also be a hot topic like it is in SW Arkansas right now.   

There won’t be a ton of supply, so you should be able to get an idea on locations and pricing fairly quickly.

Hello I am trying to see how I can go about getting down payment funding on an investment property. any ideas or creative options?

They visited Waco on the Magnolia tour idea and saw the houses, saw the prices and wished they could have moved there and just commuted maybe 1 or 2x a month for the office meeting.   90min drive every day would have been killer, but a couple of times a month they thought wasn't bad.

Here are some previous posts about the potential reality of investing in these types of markets: https://www.biggerpockets.com/forums/12/topics/1171104-the-m...https://www.biggerpockets.com/forums/48/topics/1159104-overl…

Multiple tenants cannot pay, tons of bugs on the backend, User Interface doesn't load 30% of the time, the support team is based in the Philippines and they have no idea what they are doing just copying and pasting scripts. 

A very, very rough metric that you can possibly use to get an idea is 1/3, meaning if a new home may sell for 500k, then a developer may be able to pay 165k per paper lot, but of course there are so many variables, but that can give you a rough idea.

Quote from @Jonathan Greene: The last thing you should do is try to turn this into a rental/ Not because that's not a good idea, in theory, but because you don't have the expertise or connections to do the rehab and will overpay and underperform on rent.

That's a great idea.