I can't day if it will keep rising like it has.

You can basically build small commercial buildings (ie: ice cream shop, coffee shop, etc- no high rise) But you can also build a duplex, triplex, or just a single family.

Austin is still really on the rise, probably pricier than other places people will mention but it is still growing and trending up.

There was  a lot of new construction that was halted and is just beginning to come back on line due to the rising prices.

As prices rise it is getting more and more difficult to find good rentals in the $250k price range that you mentioned.  

I wouldn't say our market is over inflated at all.

With more and more homeowners being victimized, and the finding out their house is not sold, it is no surprise to see the rise in unlicensed brokering complaints.

The time value of money dictates money is worth more today then it is tomorrow.60,000 in annual cash flow in 20 years will be almost nothing due to inflation and the money being worth less.Don't talk yourself into doing a bad deal.

yeah @Dawn Brenengen has a great example. 50k over 28 years is about keeping up with inflation at best. 

Hello @Rob M   Doraville is definitely on the rise I currently still have a full time job at nalley Lexus and they just broke ground on the old GM plant .