MInd you, we've gotten really good at our scopes of work and we have one of our GCs go through the property with us to give us our scopes of work.

It cost $38,000 for the framer to take on the risk and do the work - and that does not include the cost of the GC, or architect, or plumber that was also required!)  

Some flips you will only have the budget to paint, do new flooring, etc....others will justify a higher-end remodel to get the best ROI.You just need to get a Licensed General Contractor to go over your Scope Of Work and attach a pricce to what you want to do.Now, if you wanted more precise guesses at your budget, and gave us a Zillow link...we could actually throw some numbers at you.

since purchasing the property with a 10% down portfolio loan through a local bank, I have done extensive repair work and renovations.

There is a lot you need to learn in order to make this strategy work and a lot of ways you can potentially stumble.

Trying to figure out shortcuts will land you in the pokey.

Juggling between work and personal life can be tough, but having a property manager can take some of the pressure off and let you focus on your other priorities

But even that is going to be tight because almost every duplex sold in Milwaukee needs work. And

A prudent investor doesn't seek quick riches through shortcuts.

And even if they do, they have to be fairly motivated to be willing to do so (even if you've built rapport and all that good stuff).If they are motivated, usually that means the property needs work and they almost certainly won't lend over and above what you buy the property for.