How to determine if a certain area is good for fix and flips?

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Hello all, I've previously been focused on buy and hold and that is very simple. People are going to rent your unit regardless of the location. Now fixing and flipping is a completely different game because you have to make sure you buy in an area that is a buyer's market. How do you determine if a certain area is good for flipping homes? Are there certain guidelines or a general rule of thumb you follow?