Current operating and capital budgets of the Property, including a comparison of actual to budgetedresults and an explanation of significant variances.12.

For a value-add play it is still important, but typically not going to be breaking the budget quite as much, especially if you have the ability to raise rents reasonably significantly.Also, out of curiosity, does that NOI have built in on going reserves?

If you’ll tell them that you have $2000 budget, maybe you’ll get a bite.Originally posted by @Marisa Alvarez:I need to change windows in a 2 bedroom Condo.Just have 1 bid from one of the 2 big stores (HD and LW ). 3 windows, Florida requirements hurricane etc.. 6.000 😱😱😱😱😱 They say they are the only ones who can offer double lifetime warranty.

Also what’s your reasoning for budgeting 3% vacancy rate?

Renovation budget is $700k.

My issue is I don't have much more in my construction reserves to budget this extra renovation.

What all should I make sure has been repaired, maintained, serviced etc. and how much budget should I account for its maintenance monthly? 

Licensed and insuredGood communicatorsHonestQuality workmanshipComplete work on time and on budget

I’m wondering if this is a feasible plan with a budget that caps out around $320K.

At these numbers renting it out does not seem like it would make sense, but maybe budget for it sitting in the market little longer than expected.