The key is always to have leverage and pay upon completion of agreed upon milestone such as end of demolition, upon successfully passing of rough inspection, upon kitchen installation, upon successful passing of final inspection, upon completion of final walk through and touch up list.You should specify these milestone in the contract under "payment schedule" so there are no surprises.Always keep a significant amount 20-30% as a final payment upon completion of final touch up list.

Like others have said, liquidity is the only true in what someone will pay for your house in cash today.Liabilities: List all your debt there.The balance=Net Worth My net worth broke a milestone (for me) a few years ago, but I had HEAVY liability, and for me, that made me nervous (even though on paper I was worth that large number). 

If you structure the deal right, you should have milestones or phase schedules, each extension of time should be approved and in writing, if its not black and white, it doesn't exist. try to take a video on his employees, see if you could get another super in there if he runs multi jobs. i would visit a site at least every other day if im running two or more, just to check progress.

You mat even be able to get milestone bonuses.

Hearing milestones like this keeps me motivated.

Practice the 8 Habits and other milestone sensitive strategies to improve the neighborhood surrounding your rental holdings. 4.

We have reachable goals, and milestones to pass along the way to those goals.

I plan to save $20,000 total with small saving milestones (1k, 3k, 6k, etc.)

Great milestone!

Congrats Jonna, what a huge milestone!