Austin condos - Rental Potential

[Michael Bruns]

Hello BP, I am a first time home buyer that was hoping to buy a house in south/east Austin that would be my primary residence but something that i could turn into a rental property several years down the road. Now that it is impossible to buy a home in Austin for anything under 400k i have turned to look at condos which of course have HOA fees usually listed around 300$. Has anyone here held condos for rentals long term and is it even worth trying to rent out with HOA fees? I am looking around the congress/lamar area. Lastly, are there any wholesalers here that have any properties to sell for under 350k? thanks