Investment property in small town

[Juhi Banerjee]

I found a quadplex with good cashflow around $800 per month after deducting all expenses. It is a good well maintained property. The issue is it is a small town with less than 15000 population. Also one of the major employers filed for bankruptcy in the 2019 with loss of around 250 jobs. The tenants are mostly middle class who work in service and hospitality industry. There is a major tourist city nearby but it is 35 mins from this town. Should I still invest here as it has good cashflow.