If I were full time real estate and didn't have an ability to put everything back into investments, I would budget 10-20% of each month's rent to go towards a reserve fund. 

We are in the early stages of developing a budget to purchase a 2/3-unit MF in Chicago (Andersonville/Edgewater).

Here's the approximate numbers:Assumption 60kRehab 80kJudgements 40kARV 200kThe judgements will fall off of these properties and they don't have foreclosure rights.I can't cash out refi or get a bank involved because they'll require the judgements to get paid off.What's a creative way to get the rehab budget taken care of on a project like this?

My plan is to house hack a single family as multi’s seem to be a little out of my budget. 

My last project went over budget and ended up leaving about $25k in a $275k property, but I still have an appreciating and cash flowing rental for less than if I had found a turnkey.

I have a pick up truck.

I had my heart set on a nice little condo in Austin, but a duplex sounds a lot more profitable now that you mention it.Ideally, if I could find someone who would sell me a nice condo or duplex in central Austin in that budget range and within my preferences in this crazy market, I'd go for it.

@Sokhna Wade an easy way to start is finding a real estate agent to work with in the area you'd like to invest and go out and see properties within the budget you are seeking.

Has anyone looked at the draft legislation under consideration by the House in the Federal budget reconciliation bill?

Look into replacing your ducts snd running a new truck and return up to the upper floors for better air flow.