Renovations Help!!

[Susan Morgan]

Hi,

I'm in the process of purchasing a short sale.  It's in bad condition and I don't mind doing the renovations but I need to be very economical otherwise I'm not making a profit. I'm confused on how I can economize. 

The following are a list of thing that are mandatory:

- A/C units (will need to purchase two since this is a two story house in FL)

-Kitchen (old kitchen cabinets have had had major water damage, counters are broken and will need new appliances.)

-Flooring (both floors would need to be replaced. I'm looking into wood vinyal which can directly go over existing floors so I can save on demoing the existing floors)

-Bathrooms (total of 3 bathrooms)

-Paint-(interior and exterior) 

I would appreciate and advice I'm doing this for the first time and I'm confused.

Thanks 

[Kyle Penland]

Wow are you in over your head? Can you find a mentor? Will the neighborhood support vinyl? Reface cabinets? Sounds like if you need all that bathrooms will need help also. Watch out for duct work attached they may posed hidden costs also. Have a contingency?