I think we’ve come to learn that you should always just budget for a full renovation no matter what.

Unfortunately, this is my max budget, and I wouldn't be able to go above this amount at all. 

I am looking for ideas from experienced BRRRR folks on how they would handle such a situation with a tight budget, especially with fall approaching and SOD going dormant.

Be prepared to justify this to the seller, perhaps by highlighting the extensive rehab costs.Rehab Costs An $80K rehab budget on a multifamily property is substantial.

To start, educate yourself, understand financing options, and set a budget.

Here is the full picture of my situation:I am in PA and have a business partner in Detroit that is running the rehab and is a partner on the LLC that purchased the property.Property was bought in June 2021 with hard money (rehab budget included) for $196,000.

A helpful tip is to create a budget that allocates money for both savings and guilt-free spending.

I know that co-star offers this, but I don't have that budget, I am okay with spending 100-200 a month for software to practice with and learn.

So, if I budget 5% for vacancy, I can readily beat that budgeted estimate.4.

Philly is more affordable and a cash flow market so depending on your budget and timeline it might be better to focus on that market to get started in your investing.