If this house is highly marketable and in a hot market area, be aggressive.Jeremy - the ARV of a home is it's estimated full market value once it's renovated & updated.

This week's tip will have to do with wholesaling, an increasingly hot topic in Connecticut and in other states.

My girlfriend and I are interested in buying into the upper Michigan STR markets (Traverse City, Charlevoix, Petoskey, Bay Harbor, etc), hoping we can take advantage of the hot vacation rental market up there in the summers and the popular ski slopes for the winters. 

It’s a bit hot at the moment but there are still good deals available on occasion.

If you have gas heat, gas hot water heater, gas range, gas dryer, 100 amps is usually enough.

OK.. still pretty hi.. and keep in mind many of these is done with pipe burst no digging or new hot tap,, My brother in law does them in the SF Bay area as they are required on certain age homes if your transferring title.

People hear heated and expect a hot tub.

The last 2 years of hot inflation is still burned into all our minds.

Also what type of repairs-new hot water tank, replacing all the electrical and plumbing?

Biggest dollar savings would be in reduced hot water consumption and lower gas bill.Yes I use water saving shower heads.