Help in selecting a contractor

[Ahmed Tausif Aijazi]

Hello all,
I'm in a relatively new REI with a goal to buy distressed properties and holding them to serve as rentals. I recently closed a deal and the property requires a fix-up (kitchen, flooring, ...)

My question is, I showed the property to two contractors, they both gave me a bid for labor. Bid for one of the contractor (lets say C1) is 4 times higher than the other one (C2). After talking to their clients, I came to know C1 is more reliable in terms of time, efficiency and commitments but expensive whereas C2 is less reliable in keeping his promise for rehab time. He takes job on multiple sites and try to multi-task. I may have to chase him to complete my job. Not to forget he is much cheaper (4 times less). Both of them gave a time frame of 3 weeks and lets assume the finish quality is the same for both.

Please advise, based on your experience, which one is better? and why?

[Jon Holdman]

Two bad choices. I'd get more bids.