You'll need to look at individual ZIPs / neighborhoods / and properties before choosing a market, but yes at a high level there are markets that are better than others.
For house flipping, the most beneficial places are markets where homes sell quickly, competition is strong, and you can buy below the after-repair value. Looking at DOM, these metros are among the fastest-turnover U.S. markets:
1. Amherst Town-Northampton, MA - 12.7 days
2. Springfield, MA - 14.9 days
3. Brookings, SD - 15.7 days
4. Marquette, MI - 16.7 days
5. Batavia, NY - 16.7 days
6. Worcester, MA - 17.1 days
7. Ashland, OH - 17.3 days
8. Lewiston, ME - 17.3 days
9. Menomonie, WI - 17.4 days
10. Lexington Park, MD - 17.4 days
For flipping, the best markets are usually not just fast-moving, but also have enough inventory, reasonable purchase prices, and buyer demand for renovated homes.