Tying this increase to a general milestone makes it seem more common (e.g.

I'm 45 and married to a great 4th-grade teacher in Gila Bend, Arizona.I'm not afraid of recreating my future and I have my goals and milestones in place. 

-Should I asked for more money if I reach certain milestones?

At the same time, identify and get in touch with key subcontractors to get a sense of their respective scopes of service, cost and timelines.Do the same on the permitting front.You should use your understanding of the cost and permitting process to frame the terms and conditions of your purchase offer and the release of earnest money to meet the milestones dictated by project schedule.Before you do any of the above, it is advisable to make your very first step to be to figure out the market value of the project you intend to create and deduct cost of sales and the % of profit you'd like the deal to generate.

Well for starters congrats on that milestone!

Congrats on your milestone, James.

Everyone has incentive to finish and obviously you have contracts in place and milestones that need to be made on time but it worked out for these guys using this model. 

Quote from @Eliott Elias: Never pay the contractor up front and make expectations as clear as possible in the beginning  As Eliott said, you need to make sure your contract with the trades is very specific with details, milestones, inspection points, etc. 

Congratulations on this huge milestone Donald!

In their defense, it's usually the only vacation they take all year, but we have some who go ghost for 30-45 days (or more if they're hunting Southern Tier).I've teased the idea of using a "all expense paid hunting trip" as a reward/bonus for exceptional service throughout the year (based on hitting KPI's for timeline, budget, and quality), but that opens up it's own can of worms.Our best defense to date has been pushing hard in Sep/Oct to finish jobs or pass critical milestones.