What are the difficult/frustrating parts of rehabbing?

[Alex Silang]

What are the difficult/frustrating parts of rehabbing? I know it can be a great business move, but I'd like to be more familiar with the downsides.

[Shawn Thom]

dealing with contractor excuses and lies.

"The carpet will be installed Tuesday or Wednesday"-  that always means Thursday.

"We'll have everything done this weekend except for a few odds and ends"-  I guess odds and ends means all the appliances, door knobs, plumbing fixtures and painting the garage

"We'll have our part done by Tuesday"- Your the GC, its all your part... what exactly does that mean??

"I didn't notice that the ceiling fans hadn't been replaced"- so when you walked into the bedroom and you say the wires hanging down and the ceiling fan in the box in the middle of the room, what did you think it was?