Co Buy Rental Property in Austin

[Meghanath Reddy]

Hello experts,

I and a couple are looking to invest in a rental property in Austin.

As we are first time investors, I was hoping if the community would help and advise us with the questions below:

1. Is this the right time to invest in any rental investment in the US? We believe time in the market > timing the market, hence would like to go ahead and chose Austin due to a number of reasons from property appreciation, city growth, remote work force push from companies e.t.c.

2. We are targeting a single family home for now? Is that the right investment vs a condo or a multi family home? We'd like to get some positive cash flow also getting good appreciation on the investment in the next 5-10 years.

3. Are there any good resources for co-buying or agents in Austin you'd refer for the same?

4. Which areas would you suggest in Austin providing a good cash flow and growth over the next years? We heard a new Apple campus being built and there might be a Tesla regional head quarters in Austin as well(speculative for now).

5. Any further suggestions to keep on mind for co-buying or rental property investments with partners from your experience?

Really appreciate your time reading and answering this post.