That type of square footage is probably like a $250-325k rehab budget.  

When you start opening walls, a lot of issues that, based on the visible condition of the house, were assumed to not be present, are.Bids coming in over budget

We've found our contractors are more productive and there is much less confusion on renovation costs/budget. 

Eliminate debt, establish a budget, and save.

Went over budget and over schedule because I had to rehab a lot more than I initially thought.

By focusing on high-impact improvements, we maximized the property's value while staying within budget.

Purchase price: $285,000 Cash invested: $40,000 purchase Price $285kRenovation Cost $40k (on budget)Renovation Time: 41 daysARV: $425kFeature sheet: https://drive.google.com/file/d/1PMMTCmYptc1Jiy14MgAImJyiiEonebQl/view?

The initial renovation budget was ~$30k, when all was said and done I spent $43k on the renovation.

The initial renovation budget was ~$30k, when all was said and done I spent $43k on the renovation.

Eliminate debt, establish a budget, and save.