There are rules of thumb but what builders pay for lots is very region dependent.

Hi JR,You might have better luck if you post your question in the regional specific forum of BP.

I would think that short term prices would suppress on SFH's but from a little bit of online research about the RE effects of other hurricanes, that seems not to always be the case as demand goes up as rescue money and recovery related personnel pour into the region.     

Hi everyone....A group of investors looking to start investing in Florida yet not sure how to recognize the best market for flipping purposes.From what we get to see, read and hear Florida is one of the best places to invest these days yet we fail to solve the question whether its good for buy and hold / flipping / both.Any insights concerning how to choose the best region for house flipping will be highly appreciated :)Thanks,Shachar.

That could be a great way to find and stay engaged with local investors, realtors and opportunities. http://www.biggerpockets.com/alertsYou can also search for other investors or brokers in Huntsville and follow their journey on Bigger Pockets here: https://www.biggerpockets.com/search/usersAnything you can do to build your network in the region will help you find the realtor, and eventually the property, that suits your needs. 

I lived in Toronto and Montreal prior to moving to the US about 30 years ago.

I’m interested in the triad region as well.

its very regional.. and works best were investors are buying rentals. 

League City also has a lot of space, and because of this there has been a good deal of new construction in the region.

You will most likely have to research a particular region.