Getting ready for my first FLIP

[John Apple]

Hello everyone, just wanted to pick y'all's brain about something before purchasing my first flip. I've done my research and also gotten all on my ducks in a row ( HML, contractors ). My concern is how do I pay contractors? What contracts do you have them sign, so everybody's abides by scheduling? Also, what percentage are we suppose to buy at in this market? I don't know if I'm overthinking this or not, but I just want to make sure I don't lose my 50k I have saved up. I'm really depending on this to work! Thanks everyone