My wife and I just recently started watching the “Flip This House” shows again this weekend out of morbid curiosity. Its really is amazing how obviously f-ed some of these people are once they finish their project. The last episode we caught was a woman in LA that bought a home for $510k and had a 10 week time frame to flip it (cant recall her budget). At the end of the episode, she had spent 1 year on the flip and $205k (remodeling, holding, etc.), totaling $715k, lol. She sold her home and moved into the flip house.
About 2 years before selling our previous home of 6 years, we spent about a year remodeling the entire house for a great price and a lot of our own sweat. So when we watch these shows, its great watching the train wreck of expectations between when they start and finish.