How to stay competitive flipping in Denver

[Dave Vona]

Hi, I'm trying to get started flipping homes in Denver.  I've connected with several wholesalers and begun discussion with a potential partner and contractors.  I'm finding that there are some (many?) investors that are flipping homes in Denver (and probably other markets) that are using unlicensed and uninsured contractors, some may not even be pulling necessary permits.  I'm trying to understand how does someone that is trying to use only licensed and insured contractors compete with those that are not, since the uninsured contractors are going to be much cheaper. My goal is to build a business that deals with only professionals that are licensed, insured and have a high level of integrity, but I'm not sure if I can compete with others that are flipping with much lower costs.  Thanks.