Right now there is carpet over the wood.

I was down in your neck of the woods yesterday checking some properties out.  

I have a solid background in Excel and VBA which helped me analyze my first house hack and I've continued to keep reading books and listening to podcasts. 

@Neil Schoepp’s recommendations are solid.  

You should have enough savings for a solid down payment and enough income to pay the bills independent of any rent you take in.

Opinions on how I get the ARV and whether I should do a serious high-end rehab (getting rid of an office moving the bathroom to where the office was so I can expand the very cramped kitchen/ dining room so they can be two separate spaces and then finishing the two rooms upstairs which are currently wood paneling.)

All plywood and solid wood and no particle board, at a good price.

I have a couple of properties in your neck of the woods (Reading) also.Terrell Hill

Breaking down the cost: Believe it or not, some sellers don't really understand the cost associated with having to rip our asbestos from walls or fixing rotting wood.

A good property manager with solid vendors is literally worth their weight in gold!