On the upside we could recruit paid family help to manage the project. 

If you look at construction world for bigger projects, one of the buzz words is "value engineering."

They tackle a lot of the questions that you are asking!

Any suggestions on where to buy and best way to go about doing this project ?

Previous expenses to get a sense of the history of the maintenance of the project. 

With this strategy, you may be able to cash out your original down payment funds to recycle into the next project.

As well, I have a small new construction condo project and having a really hard time finding funds for it.I did few flips using my own credit and conventional mortgage to finance it but there's certain limitations to these approach as well as rehab cost is not lender's concern.

Options/Advise requested.Looking to purchase an old home with low money down (up to 5%). Home need quite a bit of cosmetic work, most of which I am capable of doing over time. I am trying to avoid an FHA (203K) becaus...

However, my flip went over budget about 15k and took a few months longer than projected. 

View report*This link comes directly from our calculators, based on information input by the member who posted.Im thinking 80- 100k to convert it. not entirely sure though as im a bit green for this big of a project. please advise