If the market is hot in your area it may sell. 

*as a side note, could you tell me whats "hot" in Charlottesville?

Quick and easy renovations can be enough to bump up your home's value without too many construction or design costs cutting into your profit margin.You should also keep in mind that a hot seller's market means less financial risk for house flippers given the lower likelihood of being unable to resell the home.ForeclosuresWith the ability to buy low and potentially make a big profit upon reselling, foreclosures are the types of homes that are enticing to many real estate flippers.Since the Austin real estate market is extremely hot, finding a foreclosed home to flip may be tough, but it can be done.

Understanding the market here is hot, with limited inventory, we put an offer on this property sight unseen first day on the MLS... while my wife is 8 months pregnant...  

Hi @Ian Saingarm & @Eric Bilderback, Yes we are in a pretty hot market here but there is still deals to be had.

Each parent household probably makes 150-200K.

So my household income (my spouse and mine) is good enough (above $75K) to get money from hard money lender but my sole income is less than $30K/year which derives my question whether I can get financing easily considering my household income and if I have enough cash to put up front for a deal or does my spouse's name have to be on the deal as well?

Texas as a whole is pretty hot and looks like it will continue for the near future.

I'm just about willing to move anywhere in the top markets (except Florida it's just too damn hot and humid there.

New hot water heater a couple months ago as well.