As Russel hinted at when mentioning his friend Marc, FHA approval means a broader pool of potential buyers, which means more people to bid, more significant bidding wars, etc, which will tend to drive values up (the inverse is also true, nothing kills values in a condo development faster than NO ONE being able to get ANY vanilla mortgage on it, which happens when the HOA leadership totally drops the ball). 

Hint Hint ;) If you have any more questions about Jarrell, or any other city, let me know!

Its a warm summer day with a hint of ocean breeze in good ol' California!

Thanks for reply; I was indeed hinting at a JV  because of the IL access.

Prior to seeing this, some of what I've read over the summer (including on MBA's site) hinted at NO rate decreases until Q3 '24.

(hint: it's not the Northeast or Midwest) What states are big companies moving to?

I will remember this as a hint !

Ask if there are REIA groups in the area (hint: there are many) and then go to them.When you find local investors ask them if you can buy them lunch, coffee, a beer - whatever and pick their brain.  

Hint, recommend you start with rentals.

Another option is to look on the local real estate investors association page to see news articles and recent blogs are hinting at upcoming changes.