One project went sideways, two went as planned, and two were slightly over budget.

I’d love to hear some perspectives from more experienced and local investors on what you think about the numbers below:$130k for 3bd 1ba for a single family house:- Reno Budget: 42k- Projected Rent: $1400Pros:1.

The help I have provided with a few home remodels has consisted of kitchen and bathroom layouts, flow and functionality, fixtures and finishes of the home, all while trying to stay within budget.  

@Cameron Porter +95% of the land bank inventory is already picked over by the time it hits the public.The only people we know that have bought ALL went over budget and only the increasing market covered what would have been losses.So, proceed VERY carefully!

I started looking at properties in the Lehigh Valley, PA but most of the house my REA showed me where over my budget so he reccomended me to another Agent from Reading, PA.

You need to define a goal, a budget, and learn the math.  

Had a budget of 55k to start.

The key is really focusing on the right neighborhoods, knowing your numbers, and being patient for the right opportunities.As for the fix-and-flip market, the lower entry costs can definitely make it a great place to start, but you've got to be mindful of renovation budgets and timelines.

Their budgets are HUGE [I've seen up to $10K/monthly a furnished home].

- Evictions - do you budget this cost into your underwriting?