Which of the Hurricane Markets should be strongest?

[Jason Timmerman]

I am still a little on the fence morally about going into the markets devastated by the Hurricanes (Houston, Tampa, Naples, Jacksonville, Corpus Christi, Galveston), BUT I was somewhat convinced by a fellow wholesaler that we are doing many of those people a service. A lot of people have lost their homes either permanently or for a very long duration. They are going to have to wait several months and maybe years until their insurance claims get straightened out and they receive money to rebuild. Many of them will be in FEMA provided housing (hotels, motels, small apartments) for upwards of two years. Without the insurance money, many of them will not be able to purchase a different home.

So wholesalers can actually be a big help to them. If we purchase their home for $40k, they can use that money as a down payment on a new home somewhere that wasn't devastated by the storms. Then, when the insurance money comes in, they can use it to pay off their new mortgage, or at least a big portion of it, and they will not have to deal with the FEMA housing and uncertainty for years.

So my question is this, if I'm going to do this, what market would any of you recommend?