Purchasing first rental property around north of Austin, TX

[Parul Chauhan]

Hi BP Community,

I'm looking to purchase my first rental property around north of Austin, TX area (Cedar Park, Leander, Round Rock, Pflugerville). I am OOS and new to real estate investment and would appreciate if I could get some guidance in the matter. I understand since the market is hot right now, expecting to be cash-flow positive is unlikely. However, I would like to get recommendations on properties where I can come close to breaking even and that have a potential for great appreciation. Are Georgetown and Liberty Hill also good areas to consider?