So $11,222 times 22% is $2,468 - leaving you a true profit on the house of $8,754 for an all encompassing 6 month intensive project that you will likely feel lucky to get out of with that profit, because you did your very best to minimize expenses along the way.How do you quantify this number?  

The U.S. is in much better shape and we still have a hot job market with high consumer spending.

Heat, and Hot water is included in the rent. 

Therefore, if the tenant must pay heat, electric, hot water, cold water, sewer or trash, their rent assistance would be lowered to accommodate the tenant utility payments. 

Hey Jeff - Happy to connect and chat through this market / refer some contacts over to you as your're right it is hot!

. - The suburbs and areas with desirable school districts are HOT.

What made my investor interested in this deal is having the ability for multiple exit strategies in the hot neighborhood of Pottstown.

What about the hot water? 

for the previous 3 offers it was Identical.I don't want to be stuck waiting on the sidelines so with the market being this hot I am a little confused about where to go from here, should I start seeking out wholesalers, doing direct mail campaigns, targeting older listings, hunt more in off market or just keep submitting offers?

On paper cap rate looks good and I've heard there's a hot rental market, but not sure about in practice and what quality of tenants we could expect.