Even though rehabbing would be risky, this is a good neighborhood and I know for a fact inventory is very low around here and the market is heating up.

Only 2-3 months where the AC might be needed but at least 7 where the heat runs often. 

Take it with a grain of salt and check to see if this is in fact the case. http://www.realtytrac.com/news/heat-maps/rental-returns-and-cash-flow-heat-map/

Written almost 80 years ago, the book rings true and provides a How-To of building great relationships in any part of your life.I hope to see other views on how to separate ourselves from the pack during this heated market that many areas are experiencing.

Both can burn you if they don't function properly, you can feel the heat from a camp fire and avoid it, but the damage from a microwave may not be felt until the damage has been done, your mistakes can surface later on without realizing what you did wrong. 

From my perspective, it does seem like the market is beginning to heat up in this area.

If a lot of properties are selling at a premium price then It makes sense for an investor to buy a property and put money into it and put it back on the market to make a profit ( fix and flip), If people are not buying many homes which means the majority are renting then it is better to buy and hold the property and collect the cash flow from the rent until the market heats up and it makes sense for you put it on the market.

Kevin watch out for the lead based paint as it can get expensive to remediate with the current EPA rules in place.Additionally some places used odd size windows that are no longer available or triple the cost to replace.The heating and air systems might work but to convert to the new free on standards might be an issue.

Low E coatings reflect invisible light range and heat.

Fox and have had no issues, I've also used Choice Home Warranty for one of my last houses that sold for 135k The cost of the plan was $561 with a $60 service call fee.Includes: Clothes Dryer, Clothes Washer, Refrigerator, AirConditioning System, Heating System, Water Heater, ElectricalSystem, Plumbing System, Plumbing Stoppage, Built-InMicrowave, Oven/Range, Stove, Cooktop, Dishwasher,Garbage Disposal, Ceiling & Exhaust Fans, Ductwork, GarageDoor Opener, Whirlpool Bathtub