They are investing in infrastructure, housing, public safety and taking the steps they need to take to attract more jobs. 

Nice job!

It would be a different story if I were endorsing a business that was not doing a good job.  

Augusta indeed offers great potential with a strong rental market driven by factors such as population growth and a stable job market.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

If you wanted to earn $200k to live on at a W2 job....you'd need to earn significantly more because you'd have to pay income taxes, and payroll taxes on the income; where as taking on debt isn't taxable at all. 

I have excellent credit and good paying job approval will not be a problem. 

Also, how much time do you want to spend doing real estate vs. your main job or extra work in order to fund it.

The challenge is that non-government jobs are often short-lived.

Also, co-living situations or top performing short-term rentals can produce a pretty high cash on cash return but again they are pretty active with a high turnover of tenants and guests unless you find someone else to manage them and then you are usually paying a good portion of the profits to the manager.But let's say that you have a job and are not interested in fixing and flipping or a high turnover type of investment and you would rather be a more passive investor.