Investing in Leander / RoundRock Austin areas

[Romil S.]

Thinking about investing in Leander / RoundRock / Georgetown / Cedarpark areas in Austin. Have following questions :

Is market renter friendly ? What is avg time house stays on market before getting leased?

Is it easy to sell given all new inventory selection potential buyer gets?

Is there a potential for appreciation aka next bay area like boom ? 

What would give more return for down payment ? Investing in diff area OR this part of Austin? 

Any Gotchas? Anything to be concerned or aware of about investing out of state?

[Robert Tinker]

@Bryan Noth, You would have to buy right that's for sure. Though putting more down wouldn't be the way I would go. You'd have to put a LOT more down to lower your payment to offset the taxes. One of the reasons I went to Killeen instead for cash flow. But I do think that these areas will continue to appreciate for some time.