*Energy Efficiency – Given the hot climate, buyers in Phoenix look out for energy-efficient upgrades like new windows, insulation and solar panels.ABSOLVING COSTS & POTENTIAL PROFITSBefore you put down your money for a fix-and-flip, it’s important to run the numbers on all the costs, including:*Purchase Price — The amount of money paid to acquire the property.

Insulation paint.

It's a very old house but newly renovated so there has been some maintenance issues because of the cold and poor insulation.

I have since done the demo work to remove the paneling and replace / add insulation and the new electric work is now hanging in place in "old work" electrical boxes.

We discovered that there were a ton of exposed and illegally spliced wires in the attic under the blown in insulation and had to remove it all to find all the wiring.

If there is an issue with the metal bars that circumnavigate the seating area, you might try using pipe insulation on them.

Most likely all new mechanicals, windows, a fair amount of framing, insulation, etc., etc.

If you make them and insulate them good, it will be ok. 

Then it's simple, build the home, find crews to do the work (you should already have them basically from the prior step), excavation, concrete, sealing, framing, roof/gutters/siding, windows, insulation drywall, plumbing, HVAC, electrical, finishes, etc. basically in that order.

However, they didn't insulate that building well so in winter residents consistently get heating bills over $200/mo.