If you are bleeding money for 3-6 months...then you could be in some deep trouble?  

You should be assuming expenses in the 9K range, probably higher, for major expenses such replacement of the septic bed(s) well pump, tree removal etc. 

Save the down payment while you are at it s well.  

FWIW, my skin also started to sizzle and my walls started to bleed.  

THE PLAN: 2X new HVAC systems 2X new hot water tanks EXTERIOR replacing rotted trim and siding where needed paint entire exterior gutter work where needed deck repairINTERIOR New flooring where needed 2X Reglaze tubs/showers paint cabinets white, new hardware paint all brown trim/doors white replace some light fixtures sheetrock bonus room in bottom level install garage door openers redo a staircaseRoof & carpeting are very recently redone.TIMELINE: 2 weeks (depending on weather, it may bleed into a 3rd week)COST of WORK: $19,000 Duplex: $66kCarry/Closings: $5k TOTAL: $90kPost Reno Value: ~$110,000 ($700 rent per side, with all new HVACs, roof, water tanks, and updated interiors going rate 1.25%-1.3%)I'll close Friday April 28th

I also don't want to bleed out in fees.

You would bleed cash unless you put down a big down payment.

My sarcasm bleeds through :-)   

This is basically Wood Laminates answer to their swelling from water hence the waterproof tag.

I could feel the money bleeding from my dwindled savings as I poured work into a home I thought might never happen.