I was over there not too long ago for a family birthday and went boating on lake Travis. 

Hello @Ryan Campbell, I am in the same boat having been looking at listings since March.

Doesn't this risk factor put us in the same boat as a hot market with low interest rates?  

Welcome to BP Dan, I'm in the same boat as you.

Hi Sam,I'm in the same boat as you....that is, learning, reading, listening all that I can (for free, which is cool), but still haven't made my first purchase other than the house I currently own and live in (i.e. not an actual investment property).I live in Jacksonville and have been scouring the market this summer, drove by some properties today in fact (they weren't what I was looking for, though).I'll say that it's drying up a bit, but I don't mean to dissuade you at all, in fact I think there are still tons of great deals out there (here), but the time is now.

One could always look at price appreciation, but a rising tide lifts all boats (ie, in SF all neighborhoods went up, not just Mission, Bayshore, etc) so that wouldn't be enough.

Hey Charlie-I'm in the same boat- 2nd year student though.There are a few of Charlottesville investors on Bigger Pockets (not nearly as many as a real city, but a few).I'd recommend reaching out to Jim Klapmust, or going to the Charlottesville local real estate meetup.

However, he is on the same boat as me with little to no experience and knowledge in Real estate.

Hi Jane,I am in the same boat, we can catch up for some coffee and i can share my experiences.ThanksAnudeep

@Allan Rosso your 10K in student debt misses the boat entirely they have law school debt and medical school debt.