I think all the risks that come with investing in Hagerstown can be minimized tremendously by understanding the market and having a an efficient tenant placement system in place.

As for the Fremont area, they've seen tremendous occupancy and rent growth.

The fees quoted by @Jessica Zolotorofe are similar in my market (Raleigh-Durham, NC) and I agree 100% that a good lender and, more importantly, good lender counsel, have a tremendous impact on how efficiently the transaction progresses and, ultimately, the size of the borrower's final bill.  

My day job involves identifying fraudulent documents, so it helps tremendously, and most fakes have spelling, punctuation or mathematical issues, or are just badly done overall, but there are situations where I am in doubt and would love a 2nd opinion.

I joined April 2020 and I have met tons of great people and it has helped my real estate journey tremendously!

I believe that being in first has tremendous advantage, only second to being able to assess and act.

I personally teach those who qualify how to earn millions in Real Estate Investing in my private and exclusive real estate investing mentorship program and it would be my great pleasure to discuss all the details of what I do in my real estate investing business and how it would add a tremendous value to your real estate investing career.What is the best time for me to contact you tomorrow after 1pm to discuss all the details of my real estate investing coaching program with you and how it will add a MAJOR value to your real estate investing career.

.- @Jeremy Tillotson- These are people that are tremendously giving. 

I didn't have tremendous assets to protect at the time, and honestly the risk was and is pretty low when owning in a nice area.

You are on point in the tremendous growth the Austin market has seen in the last 5+ years.