Generally you want to budget 5 to 10% of the income for capital expense reserves.

.- while I am working through the tract map approvals, I’ll be tightening up my construction budget: Shrub clearanceGradingCMU wall(s) Curb/GutterSidewalksPavingLandscapeAll utilities FeesI know that there are plenty of additional details/steps along the way, but these are the ones that I have top of mind at the moment.

You have already estimated a rehab budget in advance, or it can be be revised after you inspect the home.

Find someone who gets things done on time and under budget!

What's the total budget, not just your down payment?

I did still end up doing a few things here and there due to getting waaaay off budget. 

Budgets have to be watched closely.

The community has "traditional" drive-around trash pick up with the cans that the truck lifts.

I would try and target the $65k - $75k range and a rehab budget of $25k, that way you'll be $75k+ in loan amount and should qualify for most HML.

We could give you all kinds of areas that are great but it depends on your requirements, risk tolerance and budget.