Then I need to build my team, inspectors, sub contractors and either find a property management company or try to self manage them and etc.

It really depends on the markets you are looking in, if you have the bandwidth to handle general contractors and their subs, and the amount of capital/liquid you have.

Oh well....................Mark, you are a good man, and I have enjoyed your input from Day 1.

Plus, you want to make sure you’re comfortable with the commute and potential tenant demand.Oh, and curious, have you started making connections in that market - lenders, contractors, agents, or perhaps other investors too?

You should reach out to local contractors that have experience with new builds.

My first flip was a HUD foreclosure with no money down—far from perfect, but I learned a ton about budgeting and contractors.

Thanks for the insight I'd review the contract or agreement and maybe consult an attorney about getting out of this.

Are you aware whether or not your PM charges for the service or is this the amount invoiced directly from the contractor/vendor?

Get a box of the heavy duty contractor trash bags for the men to load things in . 

You also have to consider the down time of not renting while you renovate and likely having to fly in several times to check on work, meed contractors, pick up supplies.