New Member from Dallas

[Mark S.]

Hello!  I am a new member who lives in Dallas.  I have been on BiggerPockets for a few months now but have not posted until now.  I am hoping to buy my first buy and hold rental property in 2014.  After reading about the various options I am fairly certain this first rental property will be a single family home.

What has been holding me back so far is not knowing if we are at the top of the market in the DFW area or, given the strong local economy and all the people moving to Texas, the area will see future appreciation. I've heard the stories about multiple offers for single family homes a day after the MLS listing. I don't see much discussion about this in the forum (I've set up Dallas & DFW keyword alerts) so any advice would be appreciated!