Be careful! The market throughout most of the country is a little slow and under downward pricing pressure. Here are a couple of things to consider:

1. What is your construction ability.
2. What is your cash condition....is it twice what you plan on needing?
3. What is your motivation, money, enjoyment and money, or just enjoyment?

Flip that house paints a very rosy picture of flipping. How does someone who has no ability, no construction contacts and no cash make a profit every episode? I really think those shows will get alot of people in way over their head.

I have owned a design build company, done investment property, and really understand what it can take, but I still get apprehensive and usually look at hundreds of potential flips for every one or two that are viable.