The barrier to entry for Duplex investing in Mooresville NC

[John LaVecchia]

I understand I have to pay a down payment of 20% and closing costs when I buy the house, but assuming it takes two months to renovate the house there would be holding costs as well. As someone who has never done it before can someone with experience help me understand what I should be prepared for financially if I wanted to get into the business? In other words, how much would I need to save up if I wanted to have 2 months of expenses as well as the down payment and closing costs at the time of closing.