One you have that number then you can look for a house hacking place that fits into your budget.  

With repair budget so tight I don't want to add any more money because we are already at $283,163.00 however the appraisal came back at $240,000.00 the comps he used were $260K, $275K, $325K.  

Thanks Troy,That seems pretty reasonable enough to budget in and be worthwhile.

I am not a full scale company and I too am limited to a budget, and I have time to write them.

Self-manage if on a tight budget, but be sure to do it right/well. 

I am pre-approved for about $190,000 and have about $20,000 cash to spend on down payment, closing costs, repairs, and furniture (if I need to turn it into a vacation rental versus long term rental).Is my budget realistic or should I wait until I can afford to put 20% down on a property instead of 5% or less?

That budget will control the marketer towards the varieties of events the organization can afford to follow, and also their regularity.

A HELOC will definitely help you with the costs.The next thing you will need is a general budget for each project you are going to tackle and that should keep you on track.The kitchen can be the most difficult especially when you are living in it.

Granite taste on a banquet budget?

The top of the budget is $375,000.They are open to finished places as well so if you have a place your looking to list soon that meets the criteria let me know before you sign the listing contract.