Rental Property in DFW

[Shirin Namavar]

Hi,

I am new to real estate investment. I am looking for a rental property in DFW or close to it, but any property within my budget that I analyze with BP Rental Properties tool has negative cashflow. There is almost no deal to find that the rent would be %1 of the home price. I am wondering whether it is not a good time to get into real estate business with rental properties? Should I wait until the market cools off? Do you know any area in DFW or close to it suitable for rental cash flow and possible future appreciation? 

I appreciate your advice. Thank you!