First (Potential) Deal - Am i on the right track here?

[Miles Stanley]

I found a hot lead in my area and the preliminary numbers look great!

i received rent and sale comps from my realtor and have received pre-approval from my lender. The home is solid and livable, just needs updating, hence why I'm pursuing conventional financing. I am pursuing a BRRRR method here if the purchase price is right.

Lastly (the big one)...REHAB!  i have set up a meeting at the property with the owner and a referred contractor from a BP member (i have already requested and received some references and will be following up with them tomorrow most likely).  I have an overall scope of work written up and i plan to walk the property with them to get a prelim idea of the rehab costs (to which i will add a contingency).  i already have been to the house through an estate sale and took a bunch of pics, so this property is not sight-unseen as of now.

Is this approach reasonable?  Once i get the prelim rehab $$, i can wrap up my numbers and get my maximum offer price.  Property is not under contract yet.

Is it weird to meet with the owner and a contractor together?  Don't see what choice i have here. 

I appreciate any input.

Thanks,