If it's a desirable location, after repairs, you may have a deal.

ARV – Desired Profit – Closing Costs to Buy – Repairs – 10% of Repairs – Holdings Costs – Concessions – Realtor Fees – Closing Costs to Sell = Your Offer (MAO or Maximum Allowable Offer).ARV: After repaired value or what you think it will sell for once repaired.Desired Profit: This should be taken off the top first.

Even in these cases, I stub only if I can't get a screaming deal on the compressor.If these are desirable units that are priced correctly, you will always lose a few prospects because of this, but I have never found I get lower rents because of lack of A/C.  

Guessing you're desirous to turn your Pittsburg dirt into profits, I think you're on the right track though will suggest strongly that you yourself or someone very knowledgable that you can trust and manage babysits the process down to keys in hand, as I assure you, dealing with contractors and all entities along the developer's path takes an entirely whole new layer of skin and nerve.

It seems if you build it out into a proper modern small set of apartments, you can avoid any big maintenance issues for a long time, as well as making something highly desirable/and therefore priced accordingly. 

I think if people have the money and desire that might be a good fit for some.

My goal is to quit my 9-5, which I been at 10 yrs and create a six figure income thus I can focus on my desires to form a construction business.

There is a large military population and they are all over the but Virginia Beach is the more desirable for them unless you are renting in the Ghent section of Norfolk which is the nice section of Norfolk.  

My greatest desire is to help people while I am working on building my family's legacy.

If you have, say three buyers that are regularly buying 3 bedroom houses in zip code 12345 and you found a 3 bedroom house in zip code 12345 and were able to get it under contract at a price where the buyer will make their desired profit, you shouldn't have a hard time moving it.You can network with other wholesalers too.