I think one thing to remember is that whenever you do something new there's always difficulties as you're doing everything for the first time - so it's probably slow, painful, and not efficient. 

Cannot predict the future but I do see it slowing down (plateau) but not losing value just a slow progression.  

I love your story of slow and steady learning before investing...the first purchase is always the most difficult - at least it was for me.

Is it on the rise or slowing down, like Plano and Frisco area.

I am working with a very thorough and precise mortgage broker and he asks for a ton of info and my TB's are slow to send it all of that stuff. 

Really would be tough to make that happen, or if it did happen it would be a slow process while the property value slowly appreciates.

The market has already slowed in Indianapolis and it's mid September.

December will probably be a great time to buy, because there's not as much competition and the market slows down some.

This might not be an appropriate path for you, but, whatever the path you choose, remember that a slow and steady progress along your pre-determined path will take you a long way: hard work, integrity, and results...that is my simple formula.

The risk of waiting is that some other buyer can swoop in at anytime even in a slow market and get that property in contract for a price that you would've been willing to pay.