Paying for work -vs- doing the work

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Hey guys,

I've got a bid in on my first house. I have a question for the seasoned rehabber.

I am a pretty good handyman. I have remodeled a home before, and I can do it in a timely manner. But is the money I would save doing the work myself worth it over paying someone else? Nothing too major. I'm talking refinishing hardwood floors, painting doing most the kitchen and bathroom.

I'd rather pay for the drywall repairs, the window replacement, and the tile floors. but even with that, is it that much cheaper to do it yourself?

I've heard "pay others to work while you find a deal" But realistically, how long does it take to find deal. I'm not going to spend 10 hrs a day on the internet looking for a property. I just don't think finding the deal is so time consuming that you have to pay for the work, but then again why do the work if it only saves few hundred dollars?