New build or existing home in San Antonio

[Chris C.]

Hello.  I am working towards my first investment and I am strongly considering San Antonio, TX.  As a newbie, would you suggest new construction from a turnkey provider, or finding an existing home myself?  My goal is buying equity rather than cash flow or appreciation for a quick flip.  The idea of little to no maintenance or cap ex for the first few years is appealing.  Also, as a newbie, it is very comforting to have my hand held on the first transaction.  But I have a deep fear of being duped or ripped off by a company trying to sell existing inventory rather than solid investments.

What are your thoughts?  Also, any insights on the different areas would be greatly appreciated!