I guess your time is worth whatever you make of it.Yes the teacher life can be conducive to RE work.

Buyers agent now has a list of repairs and a reworking of the shared well agreement (not to mention a shared driveway agreement the bank now needs at 3:30pm).  

for the unsatisfactory work, just deduct the contract for a re-work, make sure the new contract stipulates that you paid a re-work on his job, just to be sure. you have your legal views, he has his legal rights too.

I will rework numbers with your suggested percentages to see how things look.

Skip a few stories.. ended up in bank regulation, investing in RE, working ~35hrs/wk instead of 80/wk, and happy :) Interested to hear about some of your experiences there..See you soon!

I am doing a rehab, just some rework for the kitchen, a few added items and required smoke/cos and just electrical is $4500.

I ended up paying as so many of the nice young folks I could tell this was a financial strain. busy professionals usually have zero time for this activity we are simply too busy running our companies and we owe a fiduciary to out investors clients and others to keep our eye on our stuff not run around trying to train someone who has limited to know experience.So go get educated of how re works.. forget the internet .. study your state license course then go work for a real company  not some one off investor.

House is early 1900's owned by a builder as a rental, little bit of lathe/plaster left, mostly drywall (we'll see), original woodwork, updated windows, flooring, paint, some re-working of the floor plan with some flaws (hence the need for the add'l bedroom/bath to update.)

Any rework needed to get reinspected to sign off is on them.After payment, I like to get a conditional release form signed off by the GC at a minimum, and/or all the subs if you really want to be thorough.

@Jim Brown this is the cost to just install the whole system, but it includes the rework around furnace.