To Dallas Investors: Rent or Flip?

[Willis Seng]

I'm gettin pretty old now and been contemplating about purchasing a property, but can't decide whether to rent or flip. I'm a recent graduate from a university and just turned 23, so I was thinking I would be better off renting my first property and taking advantage of the tax credit while working my low paying job. Is renting a good idea right now? I've done some research and it looks like currently Dallas has an unemployment rate of 8%. Need some good advice from Dallas investors please. Thanks!