The air conditioner condenser unit has been installed outside right under the electrical panel.  

I'm a bit biased b/c of my day job of doing energy audits and solar panels.

I can update the sub panel to 100-200 amp setup and replace the two pronged outlets with three pronged outlets with GFCI's.

Service panel amperage and meter size.

I'm remodelling my 1965 home that has the oh so popular wood wall paneling instead of sheet rock interior walls.

I think the 4/2 had a 24K BTU (it was ~5 years ago) and required an extra drop from the utility company and a new panel. 

I have able a year to figure it out .sustainable living in Texas and FloridaHey Toby,I'm using roughly 40pcs  300watt panels for this project well over what you had .

.$25k in materials and laborMonthly holding costs: $557(int payments, taxes, utilities, insurance)House info as purchased:House built in 1971 - Solid B neighborhood - Great Schools2081 sq ft4 Bed, 2.5 BathNew RoofNew WindowsNew HVACVinyl SidingWork to be performed:New cabinets and counter topsLaminate downstairs and carpet upstairsNew vanitiesNew light and plumbing fixtures(tubs staying)New water heater Paneling removed from den and replaced with sheetrockWindow removed from eat in kitchen and replaced with slider to access the back yardSmall deck built off of sliderAnd obviously paint throughout.We will probably price it under market value and hope to sell it quickly(30-60 days) at $125k which would give us a profit(after commissions, closing costs, and carrying costs) of $22k-$23k.  

I've been in construction for 20+ years although it has always been in management and not the trades.When my wife and I did our first (well, only one so far), flip house, we did everything ourselves except upgrade the electrical panel and service the HVAC unit.  

I have a no pet policy in all of my homes except for one that has ceramic tile throughout and wood paneling for walls..