Hi to me it sounds like an ex forestry town. Assuming it had a value of around 50K and the section is now only worth 2 to 3 Thousand, it obviously not in an employment area, or even in commuting distance. Your tenants in these areas are lower socioeconomic or benefit collectors. If I am right in my assumptions, you need a really good PM or manage it yourself with lots of hands on visits. Secondly capital gain is remote so your returns are linked solely to the rent.
