EVALUATE THE PRICE & DON’T FALL IN LOVE TOO QUICKLY!
Do your homework first, and if the price is right, then fall in love. Find out what similar homes in the neighborhood sell for and how tricked out they are. this will tell you how much money you can invest in the home before you over-improve for the neighborhood.
It doesn’t matter how much money you can put into the house since you’re limited by the market value of what nearby houses are selling for.
This is important for projects that add instant equity like roofing, hardwood floors, insulation, and new siding.