She opened the closet door and saw light were the insulation had blown back..

Huge amounts of homes were bought with cash ( insulated from any bubble period)3. huge amounts of homes have been bought with sub 4% financing and at bottom of market  compared to 06 values.. ergo house payment all in is less than rent. ( those folks unless they have some other malady are not going to walk)What I see is interest rates rising that will slow things down.also CA will level off I think but not just turn and go the other way. in a vast parts of the US values really never move much

Of the areas you are looking in to, I can only speak to Cleveland.Ohio's market is heavily insulated in regard to the volatility we're more nationally experiencing.

We added sound deadening insulation so it's muffled noise.

It needs about 50k to be completely redone including new electrical, plumbing and insulation throughout a long with all other updates such as new bathrooms, kitchens floors and paint.We bought it with the intent to Brrrr it but are now considering other options which is where I need your help.If I Brrrr it I believe it wil have an ARV of 190-200 and I will leave approximately 8000 in the deal.

heat pump, insulation, those are magical words.  

This is also why insurance is critical to completely insulate.

If I read your post clearly you should steer well clear of criminal money, at least until you personally are wealthy enough to insulate yourself from association.

Is it more insulated than other real estate?

Driver wasn't impaired or anything, just over confident.They had a contractor out there the day after to put up a temp wall to insulate the house and we had a check for repairs in less than a week.