Out of state investing in Dallas Tx

[Ron Smith]

I am trying to buy a SFH in Dallas area and I am told that Frisco,Allen,Plano areas are hot and good for appreciation given all the new companies moving in and what not. I am also told that the housing market there was really hot for the last few years but it has cooled down a bit.

I am trying to fly there to check out some of the above mentioned areas and also will look at Valley Ranch, Keller and Fortworth area in general.

I am looking for a Buy and Hold property around 250k which can cashflow. Is this a good time and a place to buy in the above areas? Any help is highly appreciated. I will  have a property manager in place so the rent should offset this cost as well.