I purchased the property for $100k and plan to list it for $180k after rehab.  My goals are to stay within my $40k budget, continue to increase my rehab experience and blog the entire process.  I won’t do any of the work myself but the property is just 5 minutes from my job so it’s easy to drop by and check in regularly.  I’d prefer to work with fewer contractors with multiple skills vs. different contractors for each project.  

Below is my original budget derived from my previous experience with rehabs and “eyeballing” the property.  

Unfortunately, the contractor I had planned to use for the majority of the rehab work passed away of a heart attack the week I closed on the purchase.  Chalk that one up to “expect the unexpected.”