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Updated about 10 years ago,
To central AC or not?
I'm renovating a SFH that I bought at auction for $10k. ARV is somewhere around $70k and the property needs roughly $25-$35k of work. I'm not sure if I want to hold it or flip it and I live in PA. That said, I'm not sure if I should put in central air. There is forced hot air in the house now, so the duct work is there. My friend is an HVAC tech and I could put central air in for about $2k-$2.5k.
Will I get my investment back if I rent it/flip it? Any recommendations based on experience would be appreciated.