Quote from @Bruce Woodruff: So that's 7 months......now investors will have to add a bit into their flip budget to cover the extra 3 months (or so) holding costs... will make overall costs go up though... 

It really depends on what your budget and specific needs are.

Setting clear, achievable goals will help guide your decisions.When it comes to getting finances in order are you keeping a budget and know where every dollar you spend goes? 

My thought process going in was that the roof would be 1/4 of the total rehab budget.

We are preapproved for about 800k but our budget for our first property is between $400-500k and are comfortable putting $70-100k down (the lesser the better). 

The buy in is a lot more budget friendly and values are stable and growing.

I find with larger homes that are big enough for wedding parties, reunions etc that I get a lot of bookings well in advance, with ~50% occupancy several months in advance.

I have an investor that has given me a large budget and I am closing on our first house Monday.

In my mind, this would include budget tracking/management, CRM for vendors, links to outside service vendors/resources along with a project management tool. 

Hey Jerryll, if you were a new wholesaler / flipper (who generates their own leads) and had a marketing budget of $5,000 over 6 months, how would you spend it?