Contractor forms to sign

[Melissa Faraias]

Hello,

I am a new investor, who is just closing on my first home here in Houston. Exit strategy is Buy & Hold. I have estimates from 4 contractors and hope to finalize one soon. What paperwork should I have the contractor sign before starting the project? I have the detailed line item estimate and the timeline and payment schedule that we will sign but I've been reading on these forums that I should have all my expectations laid out in a document like materials used, penalties for late work etc. Does anyone have any documents that they can share? Thank you so much. These forums have been so helpful to me as I start my journey.