WHAT ARE THE BEST PLACES TO FIX AND FLIP A PROPERTY TODAY
Homeownership rates. Please check with us for most current  data.

• Top five – Maine (73.8), D.C. (73.1%), Michigan (73%), West Virginia (75.6%), New Hampshire (75%)
• Worst five – California (54.8%), Nevada (58.2%), Hawaii (60%), Delaware (40.2%), New York (52%)

Median household income

• Top five – New Jersey ($79,363), Hawaii ($78,084), Massachusetts ($77,378), Delaware ($82,604), Maryland ($81,868)
• Worst five –  Louisiana ($47,942), New Mexico ($48,059), Mississippi ($43,567), West Virginia ($44,921), Arkansas ($45,726)

Average remodeling costs

• Top five – Arkansas ($75,888), Tennessee ($82,928), Utah ($83,014), Iowa ($85,478), Idaho ($98,176)
• Worst five – Massachusetts ($323,311), Oregon ($311,185), New York ($289,719), Connecticut ($278,469), Rhode Island ($275,515)

Lowest remodeling costs

• Top five – Utah ($12,000), Missouri ($14,000), (Kentucky ($15,000), Tennessee ($16,000), Iowa ($16,000)
• Worst five – Connecticut ($46,000), Massachusetts ($44,000), Alaska ($41,000), California ($48,000), Oregon ($47,000)

Median household costs per month

• Top five – West Virginia ($1,001), Arkansas ($1,071), Indiana ($1,118), Mississippi ($1,132), Alabama ($1,164)
• Worst five – D.C. ($3,123), New Jersey ($2,398), Hawaii ($2,354), California ($2,345), Massachusetts ($2,207)

Rental vacancy rate

• Top five –  Massachusetts (6.3%), Wisconsin (6.4%), Utah (5.1%), Minnesota (5.6%), Washington (5.9%)
• Worst five – South Carolina (14.5%), Louisiana (14.4%), Alabama (16.1%), Hawaii (15.2%), Alaska (14.6%)

In terms of low remodeling costs Tennessee and Utah are the best places to flip a house or investment property. The lowest vacancy rate goes to Utah, and that places it in a very favorable position. West Virginia boasts the highest homeownership rate in the US and the lowest housing costs.