After spending years living all over the world, Teresa and Jeremy find the perfect vacation home for their family in their home state of Texas. They're ready to put down roots, but their new lakefront home is in need of some TLC. Can they make this lakefront property their dream house without busting their budget?

After spending years renting on Lake Wedowee in Alabama, Chris and Jenny are ready to purchase a vacation home for their family. A local agent helps the couple land a charming lakefront property, but it's in need of major improvements. Fortunately, Chris is a contractor and eager to tackle some big-time projects, and he hopes to do it without busting the budget.

Outdoor enthusiasts John and Heather are looking for a vacation retreat for their family on Lake Oconee in Georgia, and they find a fixer-upper in an ideal setting. Fortunately, John is a contractor, but as they get into the project, they discover it will cost far more than they originally thought. As they overhaul the old floor plan, they try to stay on budget to create their dream lake home.

Lisa and Angela are co-workers and friends that are searching for a house on Lake Arrowhead in Georgia. With the help of their daughters Daniele and Allie, they're hoping to find the perfect vacation home to share between their two growing families. Lisa, a real estate agent, locates a lakeside property ideal for both families to split, but it needs some major 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?