I have a portfolio of SFR out of state, but I am looking to start doing some deals on LI and want to build my network up here.

That’s if you are on top of everything don’t have to fight insurance for a full payout, have an architect you immediately start working with drafting plans and pulling permits, secure a construction loan, and hire a contractor who prioritizes your construction.

The drawback is you need to build trust and relationships upfront.Both have their place, but private money tends to offer more flexibility, while hard money is more structured and accessible if you lack personal connections.

With an invoice showing "no charge" for fixing the cupboard, this hopefully can't happen again if a contractor changes did mind or has some type of mental lapse.  

I do STRs, building some now. 

Would it be best to just have a general contractor to go look at the property?

If not, they may consider building the ADU and down-sizing into it and renting out the main house.

Beyond the lessons from the projects themselves, building a business that’s efficient, diversified, and focused on the luxury market has been a game-changer.

If you aren't a contractor or aren't getting rock-bottom pricing, what is the point?

Licensed contractors supply materials and subsequently warranties.Also how would a flipper comply with assembly bill 968 if they supply materials?