Its a growing market, and a great place to invest for flips and rentals.  

What constitutes a "C" Market?

I tell people all the time: if you can't find a quality PM in a market, don't invest in that market!

Property managers and agents can be really helpful as well as they’ll give you insight into the market and could have some opportunities for you down the road.In the meantime, try researching the areas you're interested in.

I do the same tropes of things in the Tampa Florida market.  

Scottsdale local here.

Start by networking with local investors through Augusta REI meetups, BiggerPockets forums, and Facebook groups.

Renting the PropertyIf your parents rent out the home, they have multiple income-generating opportunities: Renting As-Is: A 4-bed/2.5-bath home in a desirable area could command a high rental rate, likely around $2,500–$3,500/month, depending on local market conditions.

I'm a local realtor and would love to connect and chat about the local market.

For example my market, there are about 1-2 REOs for every 1500 sales.