Renovations Help!!

[Susan Morgan]

Hi,

I'm in the process of purchasing a short sale.  It's in bad condition and I don't mind doing the renovations but I need to be very economical otherwise I'm not making a profit. I'm confused on how I can economize. 

The following are a list of thing that are mandatory:

- A/C units (will need to purchase two since this is a two story house in FL)

-Kitchen (old kitchen cabinets have had had major water damage, counters are broken and will need new appliances.)

-Flooring (both floors would need to be replaced. I'm looking into wood vinyal which can directly go over existing floors so I can save on demoing the existing floors)

-Bathrooms (total of 3 bathrooms)

-Paint-(interior and exterior) 

I would appreciate and advice I'm doing this for the first time and I'm confused.

Thanks