Careful with rural. Many lenders don't like to do them and will penalize you heavily for them. Appraisers are difficult to get out to them and comps are tough to come by. Rule of thumb, if the population density is less than 500 people per square mile, you are in a rural area!
We've been pleased with our properties in central Texas. Depending on your goals there are still great cashflowing properties. We haven't had the big price run up like Austin. We have property in Fairfield, Killeen and Bryan/College Station.
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