Pre-Sale a Rehab inorder to customize to buyer

[Sharika L.]

All,  We have our first fix and flip under contract. A local and respectable contractor came to place a bid and really wanted to speak with us on how to go about rehabbing the house. Coincidently my main concern is over rehabbing/under rehabbing or really not gearing our efforts to the local population but instead what we like. The contractor actually suggested doing a pre-sale of the property and customizing the rehab to their needs.

We will have a followup conversation with more details, but from the short conversation all expenses will be on the buyer we would simply manage the rehab.

Anyone with lessons learned in this area?