It seems it might be a lot safer to stay here in town because of the known growth expectations, the connections I already have (although this is pretty limited I am still green to the game), the stable job (that I am sick of) I can hold onto and quit when I'm ready, and the lifelong knowledge base of my area.However, it seems like the opportunity to sell houses in a relatively rural area are still going to be pretty limited and the total volume of sales in the area even with a large percentage growth in population will still be low, the value of homes here is low enough that my commissions when I do sell will be consistently smaller than if I moved, I will struggle much more finding a home to buy elsewhere and even getting a loan will be more difficult if I move.

It has a population of 8600ppl.

My recommendation is to choose cities in safe and economically diversified areas with above-average income and population growth.

Some of my reading indicates cap rates track with the Fed rate (with an offset) assuming stable jobs, population, etc. 

The town population is only about 1200 people. 

It seems that San Antonio is able to expand more than Austin geographically, and it is for sure a bit cheaper but still seeing that great population and job growth.

The population has been growing here year over year over the last decade, it is home to The Ohio State University which has over 50,000 students that live here along with those that visit, and it also holds a diverse range of young professionals and traveling nurses to fill the demand of the multiple business corporations and hospitals stationed here.

Look for markets with growing populations, growing jobs and modern/diverse economies where businesses are either expanding or moving in to.

There are several affordable markets that will cash flow but for long term asset stability and value, you should look for markets that have growing populations, growing jobs, modern/diverse economies that are landlord friendly with low to moderate property taxes.

Population and growth and if large companies are headquartered or moving to the area.