Lakefront Bargain Hunt: Renovation

After spending years living all over the world, Teresa and Jeremy find the perfect vacation home for their family in Texas.

After spending years renting on Lake Wedowee in Alabama, Chris and Jenny are ready to purchase a vacation home for their family.

Outdoor enthusiasts John and Heather are looking for a vacation retreat for their family on Lake Oconee in Ga., and they find a fixer-upper in an ideal setting.

Mark and Mary Lynn search for a lake house with enough room to serve as a meeting place for their large family.

A family of six looks for a vacation home on Deep Creek Lake, Md., but the lakefront property of their dreams needs some major renovations.

Lisa and Angela are co-workers and friends that are searching for a house with the help of their daughters Daniele and Allie, and are hoping to find the perfect vacation home to share between their two growing families.

In Texas, Dan and Emily find a waterfront home on Cedar Creek Lake that has tons of potential but needs a lot of work.

A Minnesota couple searches for a vacation home in Texas that reminds them of their home state. Their agent helps them find a lakefront property in northeast Texas that may be their dream home, but its current state requires quite a bit of TLC. The couple is ready to take on the challenge of fully renovating the property on their tight budget -- can they DIY their way to happy lakefront living?

Amber and Jon are looking for a getaway near their home in Raleigh, NC, and Lake Gaston fits the bill. With assistance from their broker, they find a house with a price that's as perfect as the location but the condition of the home is less than ideal. Luckily, Jon is a contractor and with help from some friends they dive head first into the project. All is going smoothly until safety concerns start to strain the budget. Will Amber and Jon be able to make their getaway dream a reality?

Business partner brothers look for a vacation home in Coventry, R.I., but the to-do list is long and the brothers quickly run into structural issues.

College sweethearts are ready to find a vacation home for their family on Alabama's Smith Lake; they're shown several properties but each will require some work.

Water enthusiasts Matt and Heather find a vacation property close to their Dallas home on Lake Tawakoni in Texas, and they plan to open up the kitchen, remodel the bathrooms, build a multi-level deck and fix up the boat dock.

A couple with renovation know-how is looking for a fixer-upper lake house near Weiss Lake in Alabama. They find a place they can put their stamp on but quickly discover it has many hidden problems in the walls and under the floor.