Hemphill, Texas

Hemphill, Texas is a small town with a population of just over 1,000 people. However, don't let its size fool you – this town is home to some of the most innovative real estate investing opportunities in the state.

One such opportunity is the Hemphill Housing Authority's "Housing Choice Voucher" program. This program provides financial assistance to low-income families who are looking to rent housing in the private market. The voucher can be used for apartments, houses, and even mobile homes – making it a great option for those who are looking for an affordable place to live.

Another innovative real estate investing opportunity in Hemphill is the " Hemphill Community Land Trust". This trust was created by the city in order to provide affordable housing options for residents. The land trust owns several properties around town that are available for rent or purchase at below-market rates. This is an excellent option for those who want to own their own home but may not be able to afford it otherwise.

If you're looking for an innovative real estate investment opportunity, Hemphill is definitely worth considering. With its affordable housing options and strong community support, this small town has a lot to offer investors.