etc...Keep these things in mind as you progress to dig further in this property.

The last two BP episodes really excited me about this and encouraged me to dig in [to BP!]. 

I need to do a bit more digging and evaluation for comps to get a better idea of what a conservative and realistic ARV would be.  

I can't tell you where the gold is and dig it up for you too.

However, home prices in that area may not be very likely to appreciate rapidly or perhaps returns on repairs might barely break even, making flipping and other business models harder to turn a profit.You may benefit from narrowing down on what you are willing to do and coming back with a more directed question that people can dig into more easily and provide better advice.Good luck!

Before reading Rich Dad Poor Dad, and Set for Life, we had NO idea the financial hole we were digging for ourselves just enjoying life’s pleasures.

Sears Outlet is where I last purchased scratch and dents.Best Buy has open box stuff - it is limited to the specific store location, so you might have to pick and choose from a number of their local stores.Gerhard's has a warehouse in Fort Washington where they have scratch and dents.Queen Appliance is another.If you were DIG member, you would have some benefits that might make sense.

I did a little digging and sent question to my tax man too.

@Jeff Greenberg - Thank you for the advice, I’ll definitely dig in. 

I would define hot as someplace with a lot of demand and activity... another example, Austin is “hot” and a lot of people are flocking to the city for cool tech jobs and causing great appreciation which is “hot” for investors that dig the appreciation play.