In every business you run into “nuts”.

Only dead fish go with the flow.

Review the contract for terms and procedure for default, if any are written.8- Keep a copy of their refusal to complete the work as Contractor Default, keep the final $5k as contractor default.9- Pay the new contractor to fish the job, let the Old contractor deal with trying to get the last 5k from small claims court, which they will likely fail to achieve.PS yes I blew past “what if permits are not signed off as complete” thats a PITA of its own thread.

@Alex OlsonIf you told me ten years ago KC would be hot, I would have thought you were nuts!!

.-- If you’re as nuts as I am read the local area development plans and research planned corporate and other investments.

I can continually save up enough for another down payment through my W-2 income, but the time elapsed kind of drives me nuts. 

Most of the homes I've represented here recently have been new builds, and I currently view the margins on rehabbing off-market or wholesale deals as too risky in my market.What has really made me consider the Flip System is my own experience of making offers on 5-6 homes — each over the asking price — only to find myself among many bidders and ultimately seeing another offer accepted. everyone is fishing out of the same pond if you think some system is going to tie you in to super secret inventory that is way below market. 

@Joe Fish how that is handled is up to the employing broker you work under.

If you want to put it at 25%, I won't say you're nuts. 45%, though, is nuts.Not in general but for $800/month units, I believe it should be at least 45%.  

My neighbors thought I was nuts for giving that much.