Contractor, handyman or big box

[Arthur Banks]

I'm looking at purchasing an 1100 sq ft 3BD, 2BA home to owner occupy and rent later. It needs some carpet, paint, flooring in kitchen/bath. I'm scheduled to meet the 'contractor' tomorrow. I put contractor in quotes because I don't know if he's a licensed contractor or a handyman. He was referred. But that lead me to think if he's a licensed contractor, would I be better off (read: less expensive) getting a handyman to do this small work? Also, the big box store sells and installs cabinets and carpet, would that be better to get them to do those items? Anyone ever face this dilemma?