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No. of Recommendations: 3
Flipping is yesterday's news. It is a dangerous game right now. I was also planning to do the same down here in Atlanta, but after much investigating, decided against it. The rists are much too high, even though Atlanta is not in a "bubble" like some other parts of the country. People who are trying to flip here right now are already getting burnt. They are dropping their prices 10% or more because there are too many flippers in every building.

Stay away! You should be able to buy the same condo at a better price when all the flippers have moved on (maybe 2-3 years from now).
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