The other issue is that town is a one trick pony. 

Small towns may rely too much on a single business or market segment.

Next time I am in town I will stop by and check out your work.

My goal with REI is to gain financial freedom, spend more time with family here and that are out of town (and therefore cost more to go see), and to be able to buy the things I want ( I love cars and live very close to some luxury auto dealers lol)!

I know there are some STR regulations, but it seems there are plenty of parts of town where it can be done.

The best thing to do is look up property taxes on county/town websites to get an idea for specific properties.

This building had a restaurant in it for 32 years that closed not long after we moved into town.

I am an out of state investor and looking at duplexes in fort valley close to fort valley state university. They could positive cashflow and i believe there should be good rental demand from student population but i a...

We had the best luck with a local bank in the town that we invest in. 

I've been incredibly lucky with tenants, turnover, properties, appreciation, connections etc.That said I do occasionally find myself wondering, what if....If I had bought in Florida or Texas or a booming college town.