I don't trust my contractor in completing the original work on budget and don't want to get the new seller involved with my contractor as not to distract him furtherMy question is: Should i continue making payments although my contractor is behind schedule ( he has already submitted 2 change orders which I paid for)?  

Think strategic and don't allow all the "success stories" to distract you from the fundamentals.  

Admittedly I didn't follow up that closely in the fall, as my own father passed away and so I was distracted.

Foreclosure Moratorium panic, mid-term elections distraction, hammered with mailings, etc - could be a lot of factors.We're also coming into Holiday Season.

Ethics in this or any business will take you a long way, if you can't afford to make the payment on your own month after month DON'T sign the contract.There are lots of ways to invest in Real Estate and it can be distracting, especially when you hear of something that sounds like easy money.

Your question of Securing B by just using paper is a distraction.

I recently began eliminating "distractions" so that I could focus on larger MF.

Forms are a distraction and merely serve to accommodate people who wish to make transactions fungible and commoditized.You can create a meaningful offer using just 7 or 8 line items.

I usually end up distracted around Washington in the Marina.

If I lack a certain skill or knowledge, then I work on those areas too as long as I am not distracted from goal #1 .... making money today.