FHA 203k loan! Use the 203k for full Reno or just what is needed?

[Bradley Lemen]

I went under contract for a duplex and going the FHA 203k route, it has issues that I need to get fixed so that it's up to FHA standard. My budget is 100k my offer for 70k got accepted and I want to renovate and fix the problems with 30k. Would it be better to just get the FHA issues fixed with the 203k and save money for future renovations and pay out of pocket? Or would it be better to just get the full 30k and renovate everything in one go? Had someone at work give me a little tip "You can get the appliances, windows, and doors fixed but do you want to be paying on them for 30 years?" so it had me just had me thinking which would be better to do.