I totally understand why you're looking to get the most bang for your buck on a $200K max investment.

I'm originally from Southampton in Bucks County maybe I can help you if you have some questions about the area.

Hi all,What are the best "bang for your buck" renovations for a vacation home? 

Trevor you're talking about whats called "lonnie deals" site for this - http://www.mobilehomeinvesting.net/great podcast (not that many episodes yet)You can get the lonnie scruggs books that break down the nitty gritty for a I think...50 bucks for all 3?

Do i keep renting and invest in rental property or buy a house first and save for the rental. i know zillow and remax are good places to look for houses. is there another website i could go to find great deal. i live in bucks county pennsylvania. can you guys give me some advice on how to start, and where in PA i can buy good rental or my first home. to be honest i only have 10k to start.thanks.

@George Messiha it sounds like you are just getting cold-calls from agents who want to make a few bucks... similar to yellow letters in the mail from wholesalers that see you own a property.

The other option is window units in the addition, which I don't prefer.Oh and I'm having to spend a few hundred bucks to add "attic access."  

Can't fault anyone trying to save a buck but this falls under the "get what you pay for" umbrella. 

I have started attending the local REI meetings in Seattle as well.At the end of this month I'll be postured to make my first deal as some private money is "maturing" in my account for a down payment with a conventional loan.

Jump in thinking you'll make a fast buck.