Seller's market?

[Ross Montgomery]

I live in Louisiana around the area that was affected by all the flooding and bad weather we had a couple of weeks ago. I'm currently looking for my first home to flip however I'm questioning whether or not this is a good time to do this due to the flooding we had recently. There are for sale signs everywhere, obviously this is a buyers market but I'm not so sure it's a great time to sell. The only factor that's keeping me interested is I'm keeping my prices lower, well under the 100 thousand price with only 15 to 20 thousand rehab cost. All in all would it be a better time to acquire rental properties or continue looking for a flip?