Good Markets for flipping houses
Any suggestions on what would be the best market to move to for someone looking to buy distressed homes to flip.
A little background on myself. I am 28 years old with a home remodeling background. Over the last 4 years I have supplemented my income by buying and remodeling 8 run down homes and selling them. I do almost all work myself.
The problem I am running into is a lack of homes to buy in my market, which is Springfield, MO. I have been looking for another project for 3 months now with no luck. I have worked with the same realtor for years, he specializes in foreclosures and hasn't been able to find me anything. I have also been attending estate auctions and searching the MLS, but again no luck. I have been wanting to move for awhile already. Seeing as I don't like the cold, I would prefer somewhere with a mild winter, but am open to all places. So really any where is an option. I would be looking to buy properties with a value of 250k or less. Any insight would be greatly appreciated.
My long term goal would be to transition into holding the homes I rehab as rentals before too long.