Home in Austin Suburbs

[Rebecca DuPuy]

Hello! My family and I are planning to move to Austin in about 2-3 years. I'm considering buying a home this year in a suburb of Austin and renting it out until we're ready to move. I've heard Austin housing prices are continuing to sore so my thinking is we should get in sooner than later. I'm not necessarily trying to make money off the property, breaking even each month would be nice. The goal would be to buy a home that my family could move into and stay in until my husband and I are old. My thinking is why wait to start investing in ourselves. 

Cedar Creek and Round Rock have stood out to us so far but open to explore other areas. We're able to put 20% down and will have enough in savings for emergencies, repairs, house sitting empty for an extended period of time, etc. My question is, is this a stupid idea? Should we just wait until we're ready to move? Do people rent homes in the suburbs or typically buy?  I honestly don't even know where to start with all this. Any advice is welcome! Thanks :)