Look up Cornelius Garland on here.

I've considered Carrolton, Garland, Midlothian, Arlington, or Richardson.

I know staying in that area will be near impossible given the prices, so we would be open to Richardson, Garland, Plano, or going south say Grand Prairie/Desoto area.

You can probably find something that cash flows in Garland or go towards Fort Worth.

As me and my Fiance will be working in North Dallas we will narrow it down to cities like Carrollton, Addison, Farmers Branch, Far North Dallas, Richardson, Plano, Garland.

The neighborhoods of Addison, Richardson, Garland and Plano have been rapidly growing with new developments.

[I live in Garland]Is this a good time to buy and rent for cash flow?

@Kyle Garland Always go bigger if you can. 

While having flooring repairs done from under the house an antique Christmas garland with glass ornaments fell off the wall and broke.

All the cities below, I've personally bought deals in that would meet or beat the 2% rule.Where you will rarely if ever find these deals- Most suburbs north of 635; Plano, Frisco, McKinney, etc; again those areas are better for doing retail rehabs OR leveraged rentals- Also, any "newer" area with homes over $100k will rarely be viable for these dealsWhere you can find them fairly easily; these deals are usually NOT found on the MLS; they tend to be lower middle class and older middle class areas- Older parts of Grand Prairie, Irving & Arlington (central DFW)- Older parts of Mesquite (eg W of 635) and Garland- Older parts of Forney- Other suburbs; Everman, White Settlement, Burleson, Waxahachie and many more that are not too far out (I'd say Greenville, Sherman/Denison, etc would count, but they are not really part of the Metroplex so I do not factor those into the equation)Working class neighborhoods / urban areas in Dallas or Fort Worth; these deals can sometimes be found on the MLS, but the best deals are off-MLS deals- Pleasant Grove- South Oak Cliff- Various spots around Dallas Where you can find them all day long; these are areas you might call war zones...but I call them areas "that are improving" ;)- Fair Park- West DallasHopefully that helps!