If you are looking to flip houses you have to know what you are doing. Flipping houses is a good business however you need to know how much profit you can make off the house. The best place to look for houses like that are bank owned properties because you can get them for really cheap and make a good profit off the houses and also put in some money to fix them up.
You will need to get a good buyer broker to help calculate values and potential gains based on comparables. You should also have a good person for home inspection and a contractor that can help in the rehab