Linn Township also is super close to the lake and not far from LG (which honestly has the lake and restaurants but that is it) and it might be worth looking at. 

Hi to everyone, I am interesting to start investing in TX area (in the cities close to the Mexican border).Is it a good area?

Purchase price: $300,000 Cash invested: $200,000 Sale price: $700,000 We purchased a closed 18-room boutique hotel in foreclosure, renovated the inside, and opened the hotel and later the bar and nearly the restaurant before it was sold in about 2 years.

Lower-skill jobs have higher turnover, and companies that hire for these roles are always hiring and are likely not the pickiest employers (for example, the average annual restaurant industry turnover rate is 79.6% from 2013-2023 – 79.6% of restaurant employees leave their job every year).

Reminder that the mom-n-pop restaurant where the mom and the pop each work 70 hours a week, and at the end of the day the net profit they pay themselves from is $80k in total.

Big developers where not investing as much anymore, land flippers where left with unwanted inventory and if you for example now wanted to do an agricultural business and bought land in some places, the math would never makes sense.The good thing is as you mentioned some small towns are thriving because of the expat presence, similar to what happens in the US with "gentrification" the expats attract the digital nomad crowd that works from the beach, surfs, love great coffee shops and restaurants etc.

But I will not eat Pho at a restaurant. 

Make sure you are registering with the county you operate in for a biz license and with the state division of hotels and restaurants and get a $2M+ liability policy.My company started as a mgmt company for just my and my partner's properties it then grew from there.  

They tend to attract big companies, hospitable systems, cool downtowns with good restaurants, lots of events, and are usually a 1-2 hour drive from a major metro and airport.

They are free of charge (except for whatever you buy to eat / drink from the restaurants)Would love to see you there!