I have done many rehabs and had never gone way over budget (to be blunt I may have been cocky as I never thought I would significantly blow a budget).  

Additionally, have a clear budget, factoring in potential repair costs, and ensure you understand the rules about earnest money deposits and closing deadlines.LLC for Real Estate Investing: Forming an LLC for rental properties can offer liability protection and may provide tax advantages, though the tax benefits are non-existence for rentals.

Eliminate debt, establish a budget, and save.

Alternatively, you could split it between House 2 and 3 in a way that covers your building budget for the apartment.

The GC is a business person who doesn't care about your ARV, LTV, or your budget.

We went over budget in some areas and in others we were under.

Everyone has budgets and you are not in the luxury bracket where I would worry about young partiers etc.

Are you attractive tenants that meet your screening criteria readily and keeping them as long as you budget for (vacancy rate)?

Eliminate debt, establish a budget, and save.

Come up with a budget.