I like the town and see the potential in the city and surrounding areas.

I am planning on investing in towns north of Fayetteville (Bella Vista, Centerton, Pea Ridge).

It is a very small town, but average home prices are very high. 

Every single town in the area has different rules and I have made contact with many of the towns I am interested in to become familiar with the rules 

When we purchased the property, we assumed the property was inspected by the town and therefore their heating and other fire requirements were up to code. 

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

Also any insight in what part of town is best to look for properties that I can BRRRR.

This may be easier to find in smaller towns or rural areas.Growth potential: Research areas with growing populations or emerging business districts.Tax incentives: Some localities offer incentives for small businesses or specific industries.Infrastructure: Ensure reliable internet and necessary utilities for your business.Potential locations to explore:Atlanta suburbs: Consider areas like Decatur, Marietta, or Lawrenceville for a balance of affordability and proximity to the city.South Carolina: Look into growing areas like Greenville, Rock Hill, or smaller towns in the Upstate region.North Carolina: The Research Triangle area (Raleigh-Durham-Chapel Hill) offers opportunities, as do smaller cities like Asheville or Wilmington.Remember to thoroughly research local building codes, zoning laws, and business regulations in any area you're considering.

Particularly in other college towns?

I personally work with a ton of east and west coast investors, they love to buy here because of the huge growth in the last 3-5 years, with major companies like Intel, Amazon, and Google investing heavily.Turnkey properties are popular in Old North, Merion Village, Southern Orchards, Old Towne East, Driving Park, North Linden, North Hilltop, Franklinton, Reynoldsburg, and Hungarian Village.For BRRRR and Fix & Flip, consider Eastmoor, Hilltop, Whitehall, and Linden.