assume the worst and hope for the best.

The contractors who did not give me detailed bids, or even formal bids at all, were quoting me between 15-45k just for labor.

I started off doing long distance BRRRRs until the rates went up.

San Diego is the best!

Purchase price: $172,000 Cash invested: $43,000 We purchased this rehabbed home and added a privacy fence, removed overhanging trees, finished the countertops, built a firepit, security system, camera's, fixed the sidewalk and turned it into an airbnb.

They will handle the collection and distribution of payments, amortization, escrow accounts, and any tax documentation. 

Just an FYI to everyone like @Tom Dieringer said, this is a base contract for anyone who wants somewhere to start.

Just curious what people have ran across to build these days?

You are preaching to the choir @Ben Fernandez! 

Foreclosures aren't a super big source of leads though and most end up on the MLS anyways so they many people will see them.