The repair of the flooring will come out of the repair budget but the replacement of the appliance will be out of the capex budget except you will have only a reserve account not 3 separate accounts.

If your budget is $100k do your kitchen and bathrooms and then start saving again.

I like to see a detailed budget, executed contract, # of deals closed in the last 24 months, reserves, and middle fico score. 

I'm thinking of investing in the U.S so can you tell me an affordable city in which I could invest in a low budget for starting?

It sounds like whoever is running the place is not doing a good job budgeting for repairs and maintenance. 

It made 0 sense to me why a person who is good at budgeting, couldn't do the same thing without incurring/moving around debt.  

Right now our marketing budget is a little tight as we work through our first few deals.

Maybe if this is owner occupied, but as an investment property that's probably optimistic.What is involved in the renovation budget?

Yes driving for dollars can be done on a budget.

If your monthly payment causes too much stress on the budget then you should buy less house or figure out a way to increase your monthly income, don't ever spend more than you make.