Austin Rental demand

[Srividhya Gururajan]

Hello all, I'm  looking at buying an investment property in Austin suburbs. I recently visited the area and I got the notion that there may be too many rental offerings and not a proportionate  demand. I could also see from zillow and other websites that homes have been sitting close to couple of months waiting to be rented (areas like leander , georgetown, pflugerville). I can manage with few hundred dollars of  negative cash flow monthly but can't afford the property to be idling for several months. Would appreciate some info on what to expect