I visited a few years ago and was amazed with the city.

The city required the road to be extended a few feet, along with water and sewer.

I did have a relative living there and my wife went to school there so I had some familiarity with the city. 

When it comes to housing, the FHA rules apply in addition to those of your state/city.

I'm looking into cities of central AR (LR, NLR, Benton/Bryant) Hot Springs area, and NW AR (Fayetteville, Rogers, Bentonville).If you don't mind me asking, what is it you like to offer new investors?

This initial conversation before the owner has a property can be very educational especially if the owner is out of state or has never been to our city.

Out of state investing in cities within a reasonable driving distance may be a good option. 

Bachelor/Bachelorette Parties: "Steps away from the city’s hottest nightlife with plenty of space to celebrate 

It's a lot of work upfront but once the team and systems are established it gets easier and as you get better you can expand to another city. 

I've looked at shared rooms for months in different Canadian cities noting price movement.