Your project is amazing and it would see a real change for people if done right.First you have to identify what you are looking for.

Learn how to acquire a property, manage the property, and manage projects.

Research sold properties to see if the #s would make sense given your projected down payment amount.

Sounds like you have taken on a big project for your first one, but that's how we learn.

Really depends on what you're looking for, the nature of the project and again, location. 

Quote from @Deborah Wodell: Hey everyone,When it comes to fix-and-flip projects, the down payment and closing costs can add up quickly.

At the time there were limited 3 BR rentals in the neighborhood, but achieved such high rental rates the properties ended up performing better as rentals than as a for sale project.

I got good at estimating renovation costs by making an initial estimate based on photos/walkthrough, drawing up a model like you see here, then once the project is finished, go to accounting, get the actual expense report for that property, and update the model.

So whatever your projections are, what are your actions?

We are putting a project on the market.