Consult A Realtor

Set up an appointment to discuss your plan. Bring in your research. Talk about the area and specific properties you are considering. See if there is any reluctance  in the mind of the real estate worker. See if they offer any encouragement.

Another important activity at this time is to spend time online investigating the area where you plan to buy a flip. Go to  http://www.realtor.com to see what you can find out there about properties in the zip code you are interested in researching.

Another great place to visit on the web is  http://www.zillow.com where you can get prices on properties for an idea of trends. They even have graphs depicting what has happened to the prices over the recent past. Although this is not available for every property in every town, you may hit it lucky and get useful information for your location.