Typically play to balance fresh design with budget is to source new doors and paint the boxes to match.  

Here’s how each factor might play into your strategy:Bear Market: When home prices are declining, flipping can be riskier because the value of the property could decrease during the renovation period.

The cost of living and cost of replacing are getting harder with more extreme events.Cost of electricity and cost + availability of water will also start to play even larger roles than they do today, especially in hotter states.

Far too many I have seen go many years with no retirement and then try to play catch up. 

The property owners IN MASS burnt down their properties, which, since they did not file insurance claims was actually the only LEGAL way to free themselves of the continuing negative cash flow of these buildings.  

You keep the note in play and you do a second . 

- and finally once you do this, realize it will never even be close to how it actually plays out in real life, but it can serve as a guide for what sort of money you may need to save up to try and actually accomplish something like this.

Lacey asked for $20K for furnishings and another $10K to convert the garage to a play room and add a pool heater.

Many play "dumb" (but is it playing?)

Focus on Cash Flow Early On:While appreciation is the long-term play, as a beginner, I'd recommend focusing on cash-flowing properties to provide you with a safety net and help you ride out any market fluctuations.