@Shawn McCormick is local to the area and can share some of his experiences. 

Being close enough to hospitals and also the University is a good strategy, but would be happy to give you some more info on the local areas here.

Apparently, local jurisdictions here are saying they want more affordable housing, but in the same sentence will also say that there will be more regulations, more environmental protections, and more hoops to jump through to develop starter homes. 

I'll just reiterate the same thing I always say: check your local jurisdiction.

I've been studying different real estate strategies and would love to understand more about how the permitting process is evolving in that area.Did the realtor mention any specific changes in local ordinances, or was it more of a general observation based on market trends?

and am eager to connect with experienced investors to gain practical insights.What I’m Looking For:Advice on identifying cash-flowing properties and understanding market trends in Lynchburg or similar areas.Recommendations for a local real estate agent or property manager with experience working with investors.Insights on how to balance active and passive investing as I grow my portfolio.I’m grateful to be part of such an inspiring and knowledgeable community.

HUDuser.org is great for vacancy rates, but cross-referencing with local market reports is important for more context.For job diversity and employers, LinkedIn or regional economic development websites often provide insights.

Educate yourself on the local market, network with other investors and agents, and always have a solid plan in place before making any investments.

The thing I'll be changing is the financing I've been doing with a local bank, which has been a bit slow and cumbersome.

I am new to real estate investing and looking to connect with any local investor.