You may try doing some more reading on here or checking out one of the webinars to learn a little more about owning rental property; figuring out your cost basis is pretty basic stuff, and you want to have that down pretty solid before you start spending money. 

If projected cash flow was considerably higher I might think about it, but in the end it would still be no.

@Syed Ali - Welcome to BiggerPocketsYou are right there is a TON of great information on here and I suggest you start here:Ultimate Beginners GuideIt will answer a lot of your basic questions. 

Thank you for responding and please add your continued thoughts. v/r Your missing the basic math. 

It seems like his biggest challenge is that he has too many projects going on at once, and therefore is not getting to ours.

I ended up passing in the project.

Long story short, a relative has a property they've purchased that they don't have the time to manage since they are doing a much much much larger project.

Henry Stinson is Canadian and has done some projects there.Care to share any insights?

I know I budgeted about 75k for a rehab project I did in Berwyn last year, and costs over run happened.

This was a four week project for us.