Buy/Rehab/Flip/Rent Vs. Purchasing New

[Felicia Walker]

Needing some insight into investment strategies. I'm used to buying distressed properties and rehabbing them with the purpose of renting or flipping them (for the right price); however, I'm also in a market area where buying new construction may be the same price or at the most only 15-20k more than the renovated distressed property. Considering the price points, and the potential appreciation of a new build, am I stupid for not wanting to go through the pains of rehabbing? I've been conditioned to buy dirt cheap with all of the head aches that the renovation may bring, but the new builds at the prices I'm seeing are almost a no brainer for me. I am ?i wrong for this assumption?