Rental Properties in smaller towns

[SELF-MASTERY]

Is it smart to buy rental propety in a town smaller and less expensive than yours?

I live in Atlanta and was in Macon georgia recently. The housing prices are like 50 percent cheaper. Example here in the A a starter home is 120-165k (1200 SQFT). In Macon they have 3000 sqft 4 bed room homes for 130k, the same home here is gonna run at least 285k.

How would you exploit such a market?

 

[penkitten]

my aunt lived in macon and i remember it was so close to six flags when we visited.

i think you could buy homes there to become your rental properties. sell the small town , larger homes theme and even sell the fact that you are x miles from shopping churches and etc
and x miles from six flags or downtown atlanta.
smaller towns = less crime?

 

[Jay-X]

if you want to buy a 3000 square feet apartment in my city, you should be prepared to spend at least 700-800k, probably even more nowadays