Basically it comes down to "paying for education" in terms of getting GCs to a property not under contract and getting bids, or learning the costs on your own.

Hi I just won a bid on a house.

Do you think it will be an issue to get them out after we close (a short closing is probably part of the reason we won the bid), or should we push them to get the renters out before we close and risk losing the deal?

Most buyers say “I don’t want to get into a bidding war” when you inform them that it’s a multiple offer situation.

The opening bid was $40,000.

My impression is you were asking for quote bids and shop for a better vendor, that is another story. 

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(There are government backed renovation loan programs like 203k but that's unlikely to be feasible in a wholesale or other competitive bidding situation).

Got 3 written bids. 2 contractors found via national web based service.

The contractor bid it and said October is a slow time so he has plenty of time and that this is about a 2 day job.