Your typical SFR flip is getting really hard to do here right now because of the over-saturation of investors buying in Bakersfield in recent years.  

As far as flipping goes, whether wholesaling or rehabbing, in and around the greater Raleigh/Durham/Triangle area - it's a very competitive/saturated market.

Here my area is saturated with agents.

There is a lot of new construction, but mostly in the 400k+ price point, which is already a little saturated.  

Katie: I’m looking into areas north and south of Denver, so Westminster to Brighton, and Castle Rock or Parker since these areas aren’t as saturated as the centralized cities.

Also, California (non-rural) is highly competitive and saturated so I would *NOT* expect her type of response rates, especially if you're buying lists that are people are buying rather than being creative and doing work building your own lists (like at least driving for dollars, but there are some much more creative strategies like targeting people in prison with properties that have higher response rates)I think you're asking the right questions. 

However It's a pretty small town and I worry we may be slightly over saturated here.

Some data to look for includes job growth, resident growth and new multi-unit construction trends which can saturate the market, increase vacancy rates and take time to absorb.Some example resources include: Commercial real estate brokerage reports (such as Marcus & Milichap’s MFH outlook)United States conference of Mayors economic trendsJoint Economic Committee’s State-By-State reportsCompare50 websiteFreddieMac’s multifamily outlook which includes this recent table:Something to think about...since you make your money when you buy, do you want to purchase property in a market that is hot right now?

If you do decide togo that route, you'll need to make sure yours really stands out from the rest (location, interior design, amenities, etc.) as the market is very saturated.

A one foot deep foundation will not stand up well when the surrounding area is saturated.