I have some properties in and around Winston-Salem but don’t know Stokes County per se. In general, the further the property is from a regional metro and an interstate, the more risk for the landlord/investor. Towns often are ‘one employer’ towns which is risky in that employers can downsize or shut down,often without warning, quickly lowering rents and raising vacancy rates. Wages don’t rise much either, suppressing rent growth. I’d rather look for a property near a variety of employers and near services like essential retail, restaurants, banks, etc.
Thanks for your input. Multi family I am looking is 20 minutes away from Winston Salem, and I guess winston is growing nicely. Place is walnut cove, its rural area, class c but good.