My Facebook budget is based on the cost of a conversion.  

Nice to see a flip analysis that actually includes the renovation budget, @Jonathan Girard!

Saving can be difficult with a growing family on a single income, there are many tools and budget aps out there that can help you with that.

Both offers came from virtual tours, neither buyers had stepped foot in the property. seller didn’t want to entertain either offer.

By skinny, I'm referring to the possibility that going over budget increases in proportion to the size of the project.

B class city per Niche.Asking price: 89kDP: 20% 17.8kRehab budget: Inside is good condition, but dated. 3-5k for new appliances, fixtures, countertops, etc.PITI: $485Average rent in area: 1-1.2kWith 50% rule that's around $250 a month cash flow.Is it worth it to try for 5-10% conventional loan since it's not distressed?

This will give you an idea of budgeting for capital improvements (roof, ac, ect). 

In my area it is $6 sf to replace. 2000 sf*$6sf=$12000/10 year life span/ 12 months in a year=$100 per month for 1 item in a capex budget.

With my sec 8 tenants I typically do the highest allowed by their budget then only do a $99 deposit.

There is some budget available for this, but not for anything outlandish.