Thoughts on Homewood IL for a fix and flip deal

[Arif K.]

Is this a desirable location to flip a property? The property is available at $200K and approx $40K-50K for rehab. Some properties recently have sold for over $300K. I am thinking of a dual strategy, where I do a couple flips to earn some profits which I can later invest in long term buy and hold properties. Also, seeing some good value in Airbnb here.

Although I am from the chicagoland area, but don't know much about the south suburbs.