Areas to avoid  depends on your price ranges and family situation and especially your Budget .  

I also have suddenly hit the busiest stretch at my day job in half a decade, and I am over budget on the unfit already.

I spok with multiple companies. many did not want to even touch this job due to the liability involved or all of themwer to busy for such a small job (2 days worth of work).I got 2 companies that provded bids, one Union company cam in at14,000. 1 nonunion that came in at 6,500. while I knew the union guys knew hat they were doing, I could not afford to spend almost 20% f my labor budget on replacinga beam.

Lets says that there is no budget limit.What are the best areas for SFH flipping deals besides the north side?

(simply elect to not renew with a notice period you specify)2) collect rent on a more regular basis...I find that a lot of folks have difficulty budgeting for an entire month, so I collect rent via direct deposit every two weeks...3) as a last resort to avoid costly turnover, reduce rent to a figure that she can meet that still alows you to cover expenses...once she demonstrates ability to say...pay $950 for two months, raise rent to $1,000 a month for a couple months...then go back to full rent...It would also make sense to verify if she has had a change in financial circumstances and can no longer afford the rent...if that's the case, it doesn't matter what you do...she will continue to fall further behind on payments

It all depends on what your budget is.

If I was in your shoes, I would start talking with realtors and financial planners to get their best suggestions, given your likely budget and time frame.

@Rachan Malhotra,Again, @Joe Villeneuve called it.If you still want to do the exercise, you can determine your maximum allowable offer:ARV minus rehab cost minus holding costs minus closing costs minus your anticipated profitThat's still just an estimate because rehab costs are estimated and no contingency for out-of-budget costs is figured in. 

well I have a little sharing idea here-do not fall in love with this property and spend all your money on high end stuff that's not going to pay you backget it finished in a timely fashion and don't throw gold plating on itlook at like properties in the sale range and stick with what sells100k goes pretty fast without a budget and a visionthis is a investment you are going to turn, sometimes that's hard when you have had good times in a place for a period of time-memories- make a reasonable budget look at what sell for the range your after and don't go brokeenjoy and good luck

I like the extra money I make when a realtor brings me full market price but i always budget to give up 10% of the full market price at closing to realtor and buyer closing costs.