Shoddy work ends up being way more expensive than good work.Folks who don't deal with the budget at their place of work rarely understand is that what you bill the worker, is 2-3 times what you make. 

Which market would you recommend to focus on with this budget? 

I'm a bit over budget on those at the moment - looking for ways to bring those costs down though.Todd - Gross revenue for other similar sized units in the area are between $25,000 & $30,000. 

Your focus should be on getting top reviews for your listings so thinking creatively about how you can go above and beyond (within your budget) is key. 

Budget traveling into the market until you have all your resources in place 1. 2.

What is the budget you are wanting to stay under?

In my offer I've budgeted $2000 for a repair.

Wondering what kind of numbers to conservatively budget for a worst case scenario?

Hi Ambrea,To get into fix and flips, I started by focusing on a few key steps that helped me find success:Educate Yourself: Learn the market, analyze property values, and understand rehab costs.Build a Network: Connect with real estate agents, contractors, and lenders.Secure Financing: Consider hard money or private loans for quick capital.Find the Right Property: Look for undervalued homes in growing areas.Create a Detailed Plan: Budget carefully and have a clear timeline for renovations.What worked best for me was staying disciplined with my numbers and always having a solid team in place.

However when I first I submitted a draw request for single family home the lender rejected the project management fee claiming  it was not included in the approved loans budget.